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-
PC Jeweller reduces debt by 56% in FY25, aiming to become debt-free by March FY26: MD Balram Garg
PC Jeweller Ltd has significantly reduced its bank loans to approximately Rs 1,800 crore in the current fiscal year, aiming to become debt-free by March next year. The company saw a strong sales rebound and is planning to raise over Rs 1,500 crore through a preferential issue of warrants in the next fiscal year. -
Apple stock leads Tech decline as Trump’s tariff triggers market panic
Technology stocks tumbled as President Trump's new tariff policies incited market panic, with Apple leading the sharp decline at nearly 9%. The Nasdaq Composite fell over 5%, its worst performance in five years. Trump imposed tariffs on imports, including a 34% tax on China, escalating fears of a global trade war. -
Dow Jones drops 1,400 points as US stock market leads global sell-off after Trump's tariffs spark recession fears
The US stock market saw a sharp decline as the Dow Jones Industrial Average fell by 1,400 points, or 3.3%, following President Trump’s new tariffs on imports. The S&P 500 and Nasdaq Composite also dropped, reflecting a global market sell-off. Economists warn these tariffs could lower US economic growth and increase inflation, potentially leading to a recession. -
One more blow! US reciprocal tariffs likely to have an adverse impact on Indian gems and jewellery sector
India's gems and jewellery sector is highly dependent on exports, with the US being a major market. In FY 2023-2024, India's total exports of gems and jewellery stood at $32.85 billion, with $9.95 billion directed to the US, accounting for 30.29% of the sector's exports. -
Opinion: US reciprocal tariffs impact on textile and garment sector - boon or bane?
The imposition of US tariffs on textile imports presents a mixed bag for the Indian textile industry. While it offers a competitive advantage over other exporting nations, it also poses challenges -
20 Years Of TVS Apache: First Launched In 2005, Now Crosses 6 Million Unit Sales
TVS Apache 150 was the first bike launched under the brand Apache in 2005. It was designed to cater to the growing demand for performance-oriented motorcycles in India and signalled TVS's entry into the premium bike segment. -
Wall Street tumbles: Nearly $2 trillion wiped as Trump's tariffs shake US markets
Approximately $1.7 trillion was wiped from the US' S&P 500 Index as markets opened due to fears of President Trump's tariffs potentially triggering a recession. Key companies like Apple, Nike, and Walmart, with overseas manufacturing, recorded major declines. -
'It is a self-goal': Raghuram Rajan uses football analogy for Trump's tariffs, predicts 'adverse affect' on US
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. -
BMW, Mercedes-Benz Call For Free Trade Based On Low Tariffs, Reduced Trade Barriers
With US President Donald Trump revving up the tariff war, German luxury carmakers BMW and Mercedes-Benz in India on Thursday called for more free trade based on low tariffs and reduced trade barriers, saying it will be a win-win situation for all. -
US trade deficit narrows in February amid looming Trump's tariff rollout
The US trade deficit narrowed by 6.1% to $122.7 billion in February before President Trump launched new tariffs. US exports rose while imports remained nearly unchanged. Analysts expect these tariffs to impact businesses' supply chains and costs, potentially affecting imports and exports in the coming months as new tariffs take effect. -
Over 10.3 Crore Poor Families Getting LPG At Subsidised Price: Minister
The PMUY was launched in May 2016 with the objective of providing a deposit-free LPG connection to adult women from poor households across the country. -
US, global markets plunge as Trump's tariff hike escalate trade war fears
Wall Street and global markets plummeted after President Trump's announcement of new global tariffs, intensifying trade war fears. The S&P 500, Dow, and Nasdaq futures saw significant drops, while oil prices and the US dollar also fell. Economists warn that these tariffs could slow growth, increase inflation, and heighten economic uncertainty worldwide. -
Good News! No More Fees For Changing Nominees in PPF, NSC, SCSS & More, Announces Finance Minister
Now, making changes to nominations in PPF, SCSS, NSC, and other small savings schemes is completely free. -
Hero MotoCorp Reports 12% Rise In Sales In March 2025
Hero MotoCorp on Thursday said its total sales increased 12 per cent year-on-year to 5,49,604 units in March. -
Indian Auto Parts Makers With Plants In Canada, Mexico Face No Significant Impact Of US Tariffs
Indian auto component makers having manufacturing facilities in Canada and Mexico will face no significant impact of US President Donald Trump's latest tariff war as the two countries have been exempted from additional duties. -
Want To Join Startup Mahakumbh 2025? Here’s How To Register & Participate
The second edition of Startup Mahakumbh is set to take place from April 3-5, 2025. -
Resilient Economy: India’s GDP To See Marginal 0.1% Impact Due To US Tariffs
The industry chamber expected continuing collaboration with the US through a well-negotiated bilateral trade agreement (BTA) that is likely to come into effect in fall 2025. -
Why is Russia missing from Trump's 'Liberation Day' tariffs list?
President Donald Trump announced broad tariffs affecting most nations, excluding Russia, citing existing sanctions that limit trade. Despite seeking enhanced trade relations with Russia, US trade figures with Russia have significantly declined, and experts question Trump's strategy given the larger commercial opportunities with Canada, Mexico, and Europe. -
Why Trump excluded India's pharma from reciprocal tariffs
The US has exempted Indian pharmaceuticals from tariffs amidst President Trump’s broad tariff imposition, recognizing their crucial role in global healthcare. This move reinforces India’s position as a key provider of affordable generic medicines. Leaders highlight the strategic importance of the bilateral trade relationship, with the exemption offering India a chance to enhance its pharmaceutical sector. -
India's generic medicines steal the spotlight as US exempts pharma from tariffs
The US has exempted Indian pharmaceuticals from tariffs amidst President Trump’s broad tariff imposition, recognizing their crucial role in global healthcare. This move reinforces India’s position as a key provider of affordable generic medicines. Leaders highlight the strategic importance of the bilateral trade relationship, with the exemption offering India a chance to enhance its pharmaceutical sector. -
EPFO Withdrawal Rule Change 2025: Bank A/c Employer Verification No More Required; No Need To Upload Image Of Cheque Leaf, Attested-Passbook
EPFO has taken two major decisions for claim settlement that include removal of Requirement to Upload Image of Cheque Leaf / Attested Bank Passbook and removal of Employer Approval Requirement for Seeding Bank Account Details with UAN. -
Stock Market Ends Lower As Investors Take Cautious Approach On US Tariffs
The new tariff structure includes a 10 per cent tax on all US imports, with higher tariffs on countries with a trade surplus. India will now face a 27 per cent tariff. -
India Studying Opportunities That May Arise From New US Trade Policy: Commerce Ministry
Prime Minister Narendra Modi and US President Donald Trump had announced 'Mission 500' on February 13, 2025, aiming to more than double bilateral trade to USD 500 billion by 2030. -
India Inc anticipates limited impact from US tariffs, foresees global trade realignment
Industry leaders foresee a significant global trade realignment following the 27% reciprocal tariffs announced by President Trump. India's impact is expected to be marginal, with minimal disruption to export competitiveness. Enhanced export efficiency and value addition are advised for Indian industries. A well-negotiated US-India trade agreement is anticipated to bolster future collaboration. -
This is how US President Donald Trump's 'Liberation Day' tariffs will unfold in India
US President Donald Trump announced extensive reciprocal tariff proposals, significantly affecting India with an extra 27% duty. The Commerce Department is assessing the impacts. Both nations aim to boost trade to $500 billion by 2030, with continuous negotiations for a bilateral trade agreement. The India-US relationship focuses on enhancing trade, investments, and technology transfers. -
How Will Donald Trump's 26% Reciprocal Tariffs Impact Trade In India?
Shortly after assuming office for the second time in February, Trump declared that the US would impose reciprocal tariffs, charging other countries the same tariffs they impose on US goods. -
India's Office Market Deals Clock 74% Jump In Jan-March: Report
Bengaluru led the office market expansion in Q1 2025 by recording 12.7 mn sq ft in transactions, which comprised 45 per cent of the total office space uptake. -
Vipul Organics Announces Rights Issue 0versubscribed by 80%; Shares Trade Higher
The uptick in shares of the BSE listed company follows its announcement of successful closure of the Rights Issue, which opened on 21 March, 2025. -
Donald Trump reciprocal tariffs: Why India’s agricultural exports are likely to be little affected
India's agricultural exports to the US may remain strong despite increased reciprocal tariffs by the Trump administration. With comparative advantages over competitors like China, Vietnam, and Thailand, Indian products like seafood and rice are expected to maintain demand. -
SBI, Citi Unveil $295 Million Social Loan To Empower Local Smallholder Farmers In India
The financing is specifically directed towards smallholder farmers in India, to support them to improve their agricultural productivity, enhancing their financial well-being, the banks said in a statement.
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