India’s pivot isn’t about abandoning the US. It’s about strategic autonomy. When Prime Minister Narendra Modi lands in Tianjin this week for the Shanghai Cooperation Organisation (SCO) summit-his first visit to China since 2018-it won’t just be a symbolic handshake with Chinese President Xi Jinping. It will be a signal: India is hedging. Against the […]
US markets today: Wall Street steady ahead of Nvidia results, Trump-Fed clash keeps investors cautious
US stocks were mixed on Wednesday as investors awaited chipmaker Nvidia’s quarterly results, seen as a key test of the artificial intelligence boom. The S&P 500 edged up less than 0.1%, staying close to its record high earlier this month. The Dow Jones Industrial Average gained 87 points, or 0.2%, while the Nasdaq Composite slipped […]
Silver price today: Rates hit fresh Rs 1.20 lakh/kg peak; gold gains Rs 500 amid US tariffs
Silver prices in the national capital witnessed a historic surge, reaching Rs 1,20,000 per kilogram, fueled by global uncertainty. Gold also experienced gains, climbing to Rs 1,01,270 per 10 grams. Market analysts attribute this uptrend to political unpredictability stemming from President Trump’s dismissal of Federal Reserve Governor Lisa Cook, raising concerns about the Fed’s independence. […]
India-Africa ties: Trade tops $100 bn in 2024-25; New Delhi among top five investors, says minister Kirti Vardhan Singh
India’s trade with Africa crossed the $100 billion mark in 2024-25, Union minister Kirti Vardhan Singh said on Wednesday, adding that New Delhi has also emerged among the top five investors in the continent.Speaking at the inaugural session of the 20th CII India-Africa Business Conclave in the capital, Singh said India has extended concessional loans […]
How can India offset impact of Donald Trump’s tariffs? ‘Two broad options’ to absorb shocks – explained
According to GTRI’s assessment, India is expected to reduce the negative effects of US tariffs in the coming months. How should India deal with the 50% tariffs imposed by the Donald Trump administration on Indian exports? Ajay Srivastava of Global Trade Research Initiative (GTRI) says there are two ways in which India can absorb the […]
FPIs bet big on Indian IPOs: Anchor investments jump 300% in FY25 to Rs 26,508 crore; domestic institutions also scale up participation
Foreign portfolio investors, despite being net sellers in the listed secondary market, are substantially investing as anchor investors in IPOs of Indian companies, demonstrating confidence in India’s exceptional growth trajectory.Overseas funds’ investments in Indian IPO anchor books increased by 300% to Rs 26,508 crore in FY25 compared to the previous year. FPIs’ proportion in total […]
‘Going to be bad for Russia…’: Donald Trump warns of ‘economic war’ if Putin doesn’t agree to Ukraine talks; says ‘very serious what I have in mind’
Trump has consistently warned of sanctions and additional repercussions for Moscow. (AI image) US President Donald Trump has issued a fresh warning of ‘economic war’ to Russia if Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskiy fail to resolve their ongoing conflict.According to a Bloomberg report, Trump said the ‘economic war’ would be ‘very […]
Digital land records to boost FDI: Developers to gain from faster acquisitions; residential and commercial sectors set to benefit
The nationwide initiative for complete digitalisation of land records by December will significantly enhance foreign direct investment (FDI) in real estate, as land procurement remains the primary challenge for developers, according to industry specialists.Property acquisition for commercial spaces, including offices, logistics and data centres, will become more efficient, while the residential sector will see improvements […]
Trump’s 50% tariffs on India take effect: Industry analysts warn of fallout as export hubs brace for pain; trade deal still in limbo— key takeaways
Trump had announced 50% tariffs on India earlier this month, which went into effect on Wednesday (AI image) NEW DELHI: The additional 25 per cent tariff imposed by US President Donald Trump on Indian goods over New Delhi’s purchases of Russian oil have come into effect, raising the overall levy on exports to 50 per […]
50% tariffs on India to blowback on Trump? US GDP growth could shrink 40–50 bps, inflation to flare: SBI report
Trump imposed 50% tariffs on India (AI image) NEW DELHI: The recent US decision to impose steep tariffs on Indian goods could boomerang on the American economy by pushing up inflation and shaving growth, according to an analysis by the State Bank of India (SBI). The report, quoted by ANI, estimates that US GDP growth […]