A day after the 50% tariff imposed by the US on Indian goods came into effect, Maruti Suzuki India chairman RC Bhargava said that India should stand united to face the 50% tariffs imposed by the US and not give “in to any kind of bullying”.“It is our duty as Indians to do our very […]
Aviation sector faces steeper losses in FY26; passenger growth slows amid headwinds: ICRA
The Indian aviation sector is expected to encounter greater turbulence in FY2026, with projected net losses that can climb to Rs 95,000 to Rs 1,05,000 crore compared to Rs 55,000 crore in FY2025. The escalation in losses is driven by slowing passenger traffic growth alongside increasing aircraft deliveries, as cited by ICRA. “During FY2025, the […]
‘If Indians don’t budge, Trump won’t need it’: Kevin Hassett cites India’s ‘intransigence’ as US tariffs take effect; calls ties ‘complicated’
Kevin Hassett (Image: X@/ani_digital) Donald Trump’s 50 percent tariffs on Indian exports to the US took effect on Wednesday, with White House officials linking the move to both trade disputes and geopolitical tensions.US national economic council director Kevin Hassett described the India-US relationship as “complicated,” citing India’s “intransigence” to open its markets to American products […]
Textile exports: India extends duty-free cotton imports by 3 months; relief for exporters hit by US tariffs
The government on Thursday announced a three-month extension for duty-free cotton imports, allowing the benefit to continue until December 31 to aid textile exporters hit by 50 percent US tariffs.“In order to support exporters further, the Central government has decided to extend the import duty exemption on cotton (HS 5201) from 30th September 2025 till […]
‘Trump a great peacemaker’: Secret letter from Xi Jinping helps revive India-China ties; move to counter US tariff war
In March, when Trump escalated trade tensions with China, Beijing initiated discreet diplomatic communications with India. (AI image) US President Donald Trump’s global tariff war has had one major consequence – India and China, the world’s second and fifth largest respectively – are growing closer, with focus on trade ties. The development is significant since […]
Industry says eco resilient, to pursue diversification strategy
New Delhi: Backing govt stand on the trade deal with the US, Indian industry on Wednesday said the economy remained resilient and businesses will pursue a diversification strategy to offset impact of 50% additional tariffs imposed by American President Donald Trump on Indian exports.While acknowledging challenges, Apparel Export Promotion Council chief Sudhir Sekhri wrote to […]
In Delhi’s neighbourhood, Trump tariff hits mood
Gurgaon: Either side of Delhi, the mood was grim Wednesday at India’s largest export hubs for readymade garments as 50% tariffs announced by US President Donald Trump kicked in, coinciding with the start of India’s festive season.The immediate effect is a halt in orders and bargaining from clients asking exporters to share the burden, industry […]
Gold & silver price prediction today: Gold rate exhibiting bullish trend – what’s the outlook and should you buy or sell?
Gold price prediction: The bullish sentiment in gold is supported by both technical and fundamental factors. (AI image) Gold and silver price prediction today: Gold prices are likely to continue their bullish trend in the near term, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. The analyst also believes that the […]
Stock market today: Nifty50 drops below 24,550; BSE Sensex down over 600 points as Donald Trump’s 50% tariffs hit India
Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, tanked in opening trade on Thursday a day after 50% US tariffs came into effect on India. While Nifty50 went below 24,550, BSE Sensex dropped over 600 points. At 9:27 AM, Nifty50 was trading at 24,539.05, down 173 […]
Top stocks to buy today: Stock recommendations for August 28, 2025 – check list
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, Nykaa, Kaynes, and Dr Reddy’s Laboratories are the top buy calls for today. Here’s his view on Nifty, Bank Nifty and the top stock picks for August 28, 2025:Index […]