Donald Trump announced tariffs on exporters to the US, including 20% on the European Union and 24% on Japan. NEW DELHI: When US President Donald Trump held out a chart on reciprocal tariffs in White House’s Rose Garden, it clearly showed a 26% levy for all Indian goods.By the time the executive order was issued, the number had changed to …
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MUMBAI: Dalal Street, which weathered a contagion effect from the tariff-triggered global market meltdown on Thursday, caved in on Friday as selling around the world’s markets intensified that affected investor sentiment in the domestic market also. After the US imposed a set of tariffs on almost all the countries around the world, China on Friday announced a 34% retaliatory tariff …
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Donald Trump announced tariffs on exporters to the US, including 20% on the European Union and 24% on Japan. NEW DELHI: Oil prices on Friday hit their lowest since the middle of 2021 as China’s return fire against US president Donald Trump’s reciprocal tariff rippled across markets, giving the Centre an an opportunity to partly cushion the impact by letting …
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We take a look at how India may actually be among the least vulnerable economies. US President Donald Trump has sent shockwaves around the world, and in the US too, with his announcement of reciprocal tariffs on major world economies. Starting April 5, 2025, the United States shall enforce a uniform 10% duty on all incoming foreign goods. And from …
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BENGALURU: US President Donald Trump’s tariff announcement sent tech stocks into a frenzy on Thursday. Stocks of Indian IT firms fell between 3% and 10% amid projections of sluggish growth and restrictive trade measures affecting some sectors that might impact overall technology expenditure. The increasing macroeconomic uncertainties are expected to affect growth prospects in FY 26.TCS fell nearly 4%, while …
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MUMBAI: The rupee closed at 85.43 against the dollar, gaining seven paise from 85.50 on Wednesday. It had opened weaker at 86.75 after the US announced higher-than-expected tariffs on Indian imports.“The Indian rupee strengthened after a sluggish start, largely due to the weakening of the US dollar,” said Dilip Parmar, senior research analyst, HDFC Securities. US recession concerns and rising …
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NEW DELHI: The government will sell up to 4.83 per cent stake in Mazagon Dock Shipbuilders at a floor price of Rs 2,525 per share. “Offer for Sale in Mazagon Dock Shipbuilders Limited (MDL) opens tomorrow for Non-Retail investors. Retail investors can bid on Monday. Government will divest 2.83% equity with an additional 2% as green shoe option,” DIPAM Secretary …
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The imposition of US tariffs on Indian gems and jewellery is a significant blow to an already struggling sector By Paresh ParekhUS tariffs of around 27% wef April 2025 on Indian gems and jewellery has sent shock waves through the industry. This proposal is likely to significantly impacts India’s exports to its largest market. Previously, the US levied no tariffs …
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The imposition of US tariffs presents both opportunities and challenges for the Indian textile industry. (AI image) By Paresh ParekhThe United States has imposed significant tariffs on textile imports from various countries, aiming to protect domestic industries and address trade imbalances. Under the Trump administration, around 27% reciprocal tariff was levied on Indian textile imports. This move is part of …
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The US tariffs present an opportunity for India to enhance its global trade and manufacturing position. In a sweeping move on April 2, 2025, US President Trump announced a comprehensive new tariff framework aimed at reducing America’s trade deficit and bolstering domestic manufacturing. Dubbed the “Reciprocal Tariff Policy,” the plan first introduces a 10% universal tariff on all imports, effective …
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