Economy Archives - Page 44 of 220

Economy

April 7, 2025 10:19 AM

Sensex, Nifty crash as global sell-off deepens amid Trump tariff fallout

India’s benchmark indices plummeted on Monday, mirroring a rout across Asian markets, as fears of a global recession and soaring prices intensified following a fresh wave of reciprocal tariffs imposed by U.S. President Donald Trump last week. The ...

April 3, 2025 5:57 PM

Stock market ends lower as investors take cautious approach on US tariffs

The Indian stock market closed lower on Thursday as investors remained cautious following US President Donald Trump's announcement of new tariffs. The new tariff structure includes a 10 per cent tax on all US imports, with higher tariffs on coun...

April 3, 2025 2:32 PM

US estimate of Indian tariffs inflated, says Bernstein analysis

A leading analysis by brokerage firm Bernstein has raised concerns about the U.S. government's inflated calculation of tariffs imposed by India on American goods. According to the analysis, the 26% tariff rate used by the U.S. includes non-tariff mea...

April 3, 2025 2:07 PM

World leaders condemn Trump’s tariffs, some pledge retaliation

Countries across the world, including some of America's closest allies, condemned President Donald Trump's announcement of reciprocal tariffs and some pledged counter-measures while hoping the White House would be open to negotiations. China urged t...

April 3, 2025 1:12 PM

India surpasses US and Europe in locomotive production, achieves record 1,681 units in 2024-25

India has reached a significant milestone in railway locomotive manufacturing, surpassing the United States and Europe by producing 1,681 locomotives in the financial year 2024-25. This marks a 19% increase compared to 1,472 locomotives produced in 2...

April 3, 2025 12:59 PM

Indian exporters to face fewer challenges as US tariffs take effect, say economists

As U.S. President Donald Trump mandates a 26 percent tariff on Indian goods, economists and industry experts believe that Indian exporters will face relatively fewer challenges compared to other major emerging markets in Asia. Among these economies, ...

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 11:02 AM

India’s export competitiveness to US less impacted by Trump’s tariffs, experts say

As US President Donald Trump announced reciprocal tariffs on a wide range of countries, including India, industry experts suggested on Thursday that the impact on India's export competitiveness to the US market may be less significant compared to its...

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