Business

The imposition of a 25 per cent US tariff on Indian goods from August 1, along with an unspecified penalty over India’s continued trade with Russia, could weigh on India’s GDP growth and export prospects, experts have warned. Sectors such as pharmaceuticals, gems and jewellery, textiles, and automobiles are likely to be most affected. While…

India’s pharmaceutical sector has given its insights into US President Donald Trump’s announcement of a 25 per cent tariff on all Indian imports starting August 1, warning that the move could significantly disrupt American healthcare rather than weaken Indian industry. While uncertainty remains about whether pharmaceuticals will fall under the new tariff list- given Trump’s…

Market experts note that negotiations remain possible, whilst Foreign Institutional Investors have largely factored in the tariff impact. (AI image) Donald Trump’s tariff impact on India’s stock market: Nifty50 and BSE Sensex saw a gap down opening on Thursday after the US President imposed a 25% tariff and additional penalty on India. But the market…

Foreign ministers of the Quad nations (Australia, India, Japan, and the United States) met in Washington and announced a comprehensive plan to address China’s growing influence in the Indo-Pacific region, according to The Japan Times, quoted by ANI.The group introduced the Quad Critical Minerals Initiative to address China’s control over rare earths and essential materials…

US President Donald Trump, said on Thursday, that Canada’s support for a Palestine complicates the ongoing trade negotiations between the two nations.“Wow! Canada has just announced that it is backing statehood for Palestine. That will make it very hard for us to make a Trade Deal with them. Oh’ Canada!!!” he said in a post…

Top stocks to buy today (AI image) Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group, Jindal Steel, Ajanta Pharma, and Godrej Agrovet are the top buy calls for today. Here’s his view on Nifty, Bank Nifty and the top stock picks for July 32,…

HSBC initiated its coverage of Ather Energy with a buy recommendation and a target price of Rs 450. Analysts believe it’s a good company which is in a tough industry. They said that Ather’s product quality, technology leadership and distribution expansion should drive its market share in a tough market. EV penetration remains low, but…

Tata Trusts, the largest shareholder of Tata Sons, has directed chairman N Chandrasekaran to initiate a dialogue with minority shareholder Shapoorji Pallonji Group to provide them with an exit from the holding company of the $180-billion Tata Group. This is the first time Tata Trusts has formally directed Tata Sons to work out an exit…

NEW DELHI: US President Donald Trump on Wednesday announced a 25% tariff on all goods imported from India, along with an unspecified penalty, from Aug 1 after the two countries failed to reach an interim trade deal, triggering nervousness among exporters.After making several claims over the last four months of having got India to agree…