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• 'It is a self-goal': Raghuram Rajan uses football analogy for Trump's tariffs, predicts 'adverse affect' on US

  03-04-2025 16:57 via timesofindia.indiatimes.com
  
  Former RBI governor Raghuram Rajan criticised the Trump administration’s new reciprocal tariffs, calling them a 'self-goal' that will harm the US economy in the short term. Rajan notes that the impact on India will be relatively smaller and suggests India reduce domestic tariffs to boost trade and competitiveness despite the global trend towards protectionism.
  
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• A bear market could be short-lived: Goldman Sachs

  09-04-2025 03:19 via timesofindia.indiatimes.com
  
  Goldman Sachs economists have revised their S&P 500 targets, aligning with other Wall Street forecasters. They currently characterize the selloff as an event-driven bear market, noting its potential for a quicker recovery compared to cyclical downturns. However, they caution that increasing recession risks could transform the situation into a more prolonged cyclical bear market.
  
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• Banks can proceed against ex-IL&FS directors: NCLAT

  09-04-2025 03:14 via timesofindia.indiatimes.com
  
  NCLAT has permitted Canara Bank and Indian Bank to proceed against former IL&FS directors, excluding those on the new board since October 1, 2018, to declare them wilful defaulters. This protection extends to professional directors reappointed to the current IL&FS and its subsidiaries' boards. The banks are now allowed to apply to initiate proceedings against the specified former directors.
  
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• India Inc must adapt to changing trade policies: Assocham

  09-04-2025 03:11 via timesofindia.indiatimes.com
  
  Sanjay Nayar discusses the potential impact of US tariffs on Indian exports, emphasizing the need for diversification and leveraging FTAs. He highlights the importance of adapting to evolving trade policies, enhancing competitiveness, and focusing on structural reforms. Nayar also addresses concerns about Indian startups prioritizing scale over deep innovation, urging a shift towards cutting-edge technologies.
  
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• RBI Monetary Policy: Will Central Bank Cut Key Interest Rates Today Amidst US Tariff Shock? Check

  09-04-2025 03:02 via zeenews.india.com
  
  While the extent of trade war pain is unclear, monetary policy may have to do the heavy lifting in India, reports have said.
  
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• Mobile phone exports top Rs 2L crore mark in FY25

  09-04-2025 02:30 via timesofindia.indiatimes.com
  
  India's mobile phone exports surged to over Rs 2 lakh crore in fiscal 2024-25, driven by Apple's iPhone, which accounted for Rs 1.5 lakh crore. The government aims to boost the electronics manufacturing ecosystem with a Rs 22,919 crore incentive scheme, targeting increased value addition and job creation in the sector.
  
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• PE-VC funding in late stage cos dips as investors turn cautious

  09-04-2025 02:25 via timesofindia.indiatimes.com
  
  PE-VC investments in late-stage companies have significantly declined, plummeting by 61% from $23.4 billion in CY2021 to $9 billion in CY2024, reflecting investor caution. This trend continues into the current fiscal year, with investments down to $1.2 billion in Jan-March CY2025. The market recalibration emphasizes profitability and cash flow over hypergrowth, impacting deal values and exit options.
  
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• Rupee falls 103p in 2 days as yuan weakens, $ gains

  09-04-2025 02:20 via timesofindia.indiatimes.com
  
  The rupee weakened to a two-week low of 86.27 against the dollar, influenced by a weaker yuan and a stronger dollar index. Corporate dollar demand increased amid equity market recovery, while year-end dollar supply ended. The yuan's depreciation, a response to US tariffs, pressured the rupee and other Asian currencies, with the Indonesian rupiah hitting a record low.
  
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• Shaky Street: Sensex surges 1.1k points day after 2.2k-point crash

  09-04-2025 02:15 via timesofindia.indiatimes.com
  
  After Monday's significant losses, the Indian stock market rebounded strongly, fueled by positive global cues and short covering. The Sensex surged by 1.5%, and the Nifty by 1.7%, adding substantial wealth to investors. However, analysts advise caution, citing ongoing trade negotiations and FPI selling, with RBI's interest rate decision expected to influence future trading.
  
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• RBI set for rate cut, banks’ cost of funds may not drop

  09-04-2025 01:46 via timesofindia.indiatimes.com
  
  Despite RBI's repo rate cuts, deposit rates remain high, impacting banks' cost of funds. While home loan borrowers benefit, depositors see limited gains due to investor shifts and liquidity pressures. Experts anticipate further repo rate cuts, but transmission to deposit rates will be gradual, influenced by banks' liquidity coverage and policy stance.
  
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• RBI Monetary Policy Committee Meet: Where To Watch RBI Governor Sanjay Malhotra’s MPC Announcement Live; Check Time

  08-04-2025 19:17 via zeenews.india.com
  
  RBI MPC Meeting Live: Apart from the repo rate, the RBI Governor will also talk about growth projection, state of inflation, CPI inflation and GDP growth outlook for the Indian economy among other things.
  
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• US stock market opens higher, shakes off Donald Trump’s tariff turmoil

  08-04-2025 16:38 via timesofindia.indiatimes.com
  
  US stocks surged, mirroring global market recovery, fueled by positive economic signals and diplomatic discussions. However, gains were tempered by President Trump's tariff threats against China, escalating trade tensions and prompting retaliatory warnings from Beijing. The S&P 500 neared a significant decline amid the uncertainty.
  
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• Explained: How unfair are Donald Trump’s tariffs, what is India’s relative advantage, and what should it do?

  08-04-2025 16:32 via timesofindia.indiatimes.com
  
  The Donald Trump administration has till now shown no inclination to blink on the implementation of the reciprocal tariffs. They have however, shown openness to negotiate with countries, and India is already working on a trade deal with the US. If no imminent relief on tariffs is on the horizon, what should the world do? What should India do to counter the impact of Trump’s reciprocal tariffs?
  
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• Tariff war: Inside Elon Musk’s personal appeal to Donald Trump - and why it failed

  08-04-2025 16:27 via timesofindia.indiatimes.com
  
  Elon Musk's efforts to persuade Donald Trump to halt new tariffs failed, despite his significant financial support and influence. Trump not only ignored Musk's pleas but escalated the situation, threatening additional tariffs on Chinese imports. This public disagreement highlights a growing rift between the business world and Trump's protectionist trade policies, raising concerns about the economic fallout.
  
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• Feb Sales Show Genuine Customer Demand, Not Token-Amount Bookings: Ola Electric

  08-04-2025 16:25 via zeenews.india.com
  
  Ola Electric Mobility on Tuesday clarified that its February sales represent genuine customer demand and not "token-amount bookings".
  
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• Tata Motors' Global Sales Dip 3% In Jan-March 2025

  08-04-2025 16:20 via zeenews.india.com
  
  Tata Motors on Tuesday reported a 3 per cent decline in its global sales for the March quarter (Q4 FY25), even as its luxury car unit Jaguar Land Rover (JLR) registered a slight increase in sales.
  
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• Lost Or Forgot Your SBI ATM Card? Here's How You Can Still Withdraw Cash Without Debit Card

  08-04-2025 16:12 via zeenews.india.com
  
  SBI New Facility For ATM Users: If you’ve already initiated the process of blocking your lost SBI debit or ATM card and requested a new one, you can still use the cardless cash withdrawal facility until your new card is delivered. 
  
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• Only One Rural Bank Per State Now As Govt Notifies Merger of 15 RRBs

  08-04-2025 15:38 via zeenews.india.com
  
  One State, One RRB Policy: These banks collectively operate more than 22,069 branches, covering 700 districts, with nearly 92% of them located in rural and semi-urban areas.  
  
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• Govt Clarifies Rules On Issuing Bonus Shares To Existing Foreign Investors- Details Here

  08-04-2025 14:13 via zeenews.india.com
  
  The key condition is that no fresh foreign investment should be introduced, and the shareholding percentages of both foreign and Indian investors must remain unchanged. 
  
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• Donald Trump’s tariffs: Larry Fink, CEO of world's largest asset manager BlackRock, warns of another 20% crash in stock markets

  08-04-2025 14:00 via timesofindia.indiatimes.com
  
  BlackRock CEO Larry Fink cautions against optimism regarding the stock market recovery rally, suggesting a potential 20% decline due to substantial US tariffs and concerns about a contracting US economy. He notes that most CEOs believe the US is currently in a recession, with tariffs likely to fuel inflation.
  
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• Stock Markets Rebound After Monday's Crash: Sensex Jumps 1,089 Points Tracking Firm Global Trends

  08-04-2025 13:11 via zeenews.india.com
  
  The 30-share BSE Sensex jumped 1,089.18 points or 1.49 per cent to settle at 74,227.08 with 29 of its components ending in the green. During the day, it climbed 1,721.49 points or 2.35 per cent to 74,859.39.
  
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• EPFO Allows UAN Activation For Employees Through Face Authentication Technology

  08-04-2025 12:49 via zeenews.india.com
  
  EPFO has started using Face Authentication Technology (FAT) to generate and activate Universal Account Number (UAN). With this, crores of members will now get contactless, secure and completely digital services.
  
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• Confounding! How a rumour on Trump’s tariff policy sparked a 7-minute $2.5 trillion stock rally in US markets

  08-04-2025 12:34 via timesofindia.indiatimes.com
  
  US stock markets briefly surged, adding $2.5 trillion, on a rumor of a potential tariff delay by Trump, highlighting market sensitivity to trade policy. The rally quickly faded as the report proved false, leaving investors uncertain.
  
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• 'Don’t need to ask India to align but can bring it close': JP Morgan CEO Jamie Dimon amid Trump's tariff war

  08-04-2025 11:51 via timesofindia.indiatimes.com
  
  JP Morgan CEO Jamie Dimon suggests the US should foster trade and investment with nonaligned nations like India and Brazil instead of demanding alignment, especially as Trump's tariffs take effect. He advocates for deepening trade ties with allies such as Australia, Japan, and the UK, noting the US lacks agreements with key partners who have deals with China.
  
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• RBI’s Monetary Policy Easing Likely To Support 10.8 Per Cent Growth In Credit In FY 2026: Report

  08-04-2025 11:12 via zeenews.india.com
  
  The recent announcements of liquidity injections by the RBI are likely intended to nudge a faster transmission of rate cuts.  
  
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• Maruti Levels Up Grand Vitara! 6 Airbags Standard – What’s New?

  08-04-2025 10:48 via zeenews.india.com
  
  Maruti Grand Vitara: Maruti Suzuki India Limited has launched the updated Grand Vitara starting at Rs 11.42  lakh (ex-showroom).
  
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• Tariff Shock Indicates 25bps Rate Cut, RBI Stance May Turn ‘Accommodative’: Report

  08-04-2025 10:45 via zeenews.india.com
  
  The Central Bank began its three-day Monetary Policy Committee (MPC) meeting on Monday.
  
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• Google Rolls Out Gemini Live Camera And Screen Sharing Features To Galaxy And Pixel Devices: How It Works

  08-04-2025 10:30 via zeenews.india.com
  
  Google Gemini Live Feature Android: The new feature can troubleshoot household issues, offer personalized shopping and fashion advice, and assist with personal projects or digital content 
  
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• India Likely To Outperform Global Markets Despite Uncertainties: NSE CEO

  08-04-2025 10:01 via zeenews.india.com
  
  The NSE chief noted that India has shown resilience compared to other global markets over the past week.
  
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• Gold Futures Rise Rs 695 To Rs 87,623 Per 10 Gram

  08-04-2025 09:43 via zeenews.india.com
  
  On the Multi Commodity Exchange (MCX), gold contracts for June delivery traded higher by Rs 695 or 0.8 percent at Rs 87,623 per 10 grams in a business turnover of 14,966 lots.
  
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