Other items such as lab-grown diamonds and imitation jewellery will also see hikes, going up to 38%. | Photo Credit: FRANCIS MASCARENHAS US President Donald Trump‘s 27 per cent tariff on gems and jewellery industry will cause a disruption as US is one of the major exporting destinations for India, says experts. The US accounts…
From the Sensex pack, Tata Motors, Tata Steel, Larsen & Toubro, Reliance Industries, Maruti Suzuki India, IndusInd Bank, Infosys, HCL Technologies, NTPC, Tech Mahindra, Sun Pharmaceutical Industries, and Adani Ports were among the laggards. File | Photo Credit: The Hindu Benchmark equity indices Sensex and Nifty slumped in initial trade on Friday (April 4, 2025)…
Despite the jolt caused by the levies, gold stands to benefit this year from an increasingly volatile trade, macroeconomic and geopolitical environment | Photo Credit: Chris Ratcliffe Gold moved further away from its latest record high, swept up in the pessimistic mood that hit global markets in the wake of US President Donald Trump’s more-aggressive-than-expected…
Lending to small and marginal farmers and weaker sections is expected to be a challenge, especially for private banks in the next fiscal owing to a lack of growth in disbursements in the microfinance business which generates this form of credit, according to a report from Kotak Institutional Equities. “Banks would also continue to struggle…
The share of coal in India’s total energy generation increased to 79% to 16,906 petajoules(PJ) in 2023-24, about two percentage points more than the previous year, according to data from MoSPI’s Energy Statistics in India 2025. Coal had always constituted more than 70% of the total energy produced in the country since 2014-15. Coal production…
Asian economies may not resort to retaliation to the tariffs announced by U.S. President Donald Trump and may opt for negotiation, according to Barclays. Barring China and possibly Indonesia, most Asian economies are expected to resort to negotiation rather than retaliation. The effect of tariffs is expected to reduce GDP forecasts for Asian economies. “The…
The rupee pared its initial losses and settled for the day higher by 22 paise at 85.30 (provisional) against the U.S. dollar on Thursday (April 3, 2025). | Photo Credit: REUTERS The rupee pared its initial losses and settled for the day higher by 22 paise at 85.30 (provisional) against the U.S. dollar on Thursday…
The Union Ministry of Railways said on Wednesday that India produced a record 1,681 locomotives across various categories in the financial year 2024-25. A railways spokesperson stated that this is an increase of 209 locomotives, or 19%, compared to the 1,472 locomotives produced in 2023-24. This record-breaking production is the highest ever for locomotive manufacturing…
The U.S. has announced additional 27% import duties on India saying New Delhi imposes high tariffs on American goods, as Trump administration aims to reduce the trade deficit and boost manufacturing. File | Photo Credit: Reuters Benchmark indices Sensex and Nifty settled lower on Thursday (April 3, 2025) due to selling in IT and Teck…
External Affairs Minister S. Jaishankar with Minister of Foreign Affairs of Thailand Maris Sangiampongsa during the 20th BIMSTEC Ministerial Meeting in Bangkok, Thailand. | Photo Credit: X/@DrSJaishanka Amid reciprocal tariffs announced by U.S. President Donald Trump, External Affairs Minister S Jaishankar on Thursday (April 3, 2025) said the world is moving to an era of…
