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Economy

April 3, 2025 11:56 AM

Indian Pharmaceutical Alliance welcomes exclusion from US tariffs

The Indian Pharmaceutical Alliance (IPA) on Thursday welcomed the exclusion of pharmaceuticals from the new import tariffs announced by US President Donald Trump, emphasizing the growing bilateral trade ties between India and the United States. Suda...

April 3, 2025 11:23 AM

Sensex, Nifty open lower as Trump tariffs trigger global sell-off

Indian equity indices opened lower on Thursday following a sharp sell-off in global markets after U.S. President Donald Trump’s announcement of reciprocal tariffs. At around 9:20 AM, the Sensex was down 470 points or 0.61 percent at 76,197, while ...

April 3, 2025 11:17 AM

US tariffs to vary by goods and country of origin: GTRI

The United States’ new trade policy, announced by President Donald Trump on Wednesday, will determine tariffs based on the type of goods being exported and their country of origin, according to Ajay Srivastava, founder of the Global Trade Research ...

April 3, 2025 11:07 AM

Trump’s sweeping import tariffs amp up global trade war

President Donald Trump's decision to slap a 10% tariff on most goods imported to the United States, as well as higher duties on dozens of countries from rivals to allies, has intensified a global trade war that threatens to stoke inflation and stal...

April 2, 2025 3:45 PM

Manufacturing sector growth surged to 8-month high in March: HSBC

Manufacturing sector growth in India surged to an eight-month high in March as a faster upturn in total sales underpinned a sharper increase in output, according to a report by HSBC, released on Wednesday. The acceleration in March came despite a mi...

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