Trump’s tariffs on India: The 21-day deadline to impose a 25% additional tariff on Indian exports to the US ends on Wednesday. In a draft notice published on Monday, August 25, the US administration detailed its plan to impose a 50% tariff on Indian products as the August 27 deadline approaches, signalling its intent to…
Investors will focus on domestic high-frequency data, such as HSBC India Manufacturing, Services, and Composite PMIs, to gauge growth momentum. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, soared in opening trade on Monday on the back of next-generation GST reforms announced by PM Modi during his Independence Day…
The stock market rallied on the latest inflation report. The S&P 500 closed at a record high on Tuesday, while the Nasdaq rose over 1% and the Dow spiked nearly 500 points. The benchmark S&P 500 is up almost 10% year-to-date. Here’s where US indexes stood at the 4 p.m. ET closing bell on Tuesday:…
India, driven by the principle of Vasudhaiva Kutumbakam—“The world is one family”—aims to strike mutually beneficial agreements, including with the United States. Rooted in ancient Indian philosophy and often referenced by PM Modi, the phrase reflects India’s commitment to global unity and shared responsibility. However, this ethos is being tested by the ongoing tariff dispute…
Stocks have moved mostly lower during trading on Monday, giving back ground after moving sharply higher over the past several sessions. The major averages have all moved to the downside, although selling pressure has remained relatively subdued. Currently, the major averages are just off their lows of the session. The Nasdaq is down 143.48 points…
Indian equity indices are expected to open on a positive note following mixed global cues. The Asian indices were mixed in morning trade. The GIFT Nifty was trading 0.15% higher at 25,532. Here are key global cues to watch before the market opens that include crude oil prices, FII and DII data, business groups that…
Indian stock market: The domestic equity market benchmark indices, Sensex and Nifty 50, are expected to open flat on Friday, tracking mixed cues from global markets. Asian markets traded mixed, while the US stock market ended higher, with the S&P 500 and Nasdaq closing at record highs. On Thursday, the Indian stock market ended lower,…
By TERESA CEROJANO and MATT OTT, Associated Press Wall Street was largely unchanged early Thursday, hovering near record levels ahead of new U.S. jobs data that is expected to show unemployment ticked up to the highest rates since late 2021. Futures for S&P 500, Nasdaq and Dow Jones Industrial Average each inched up less than…