New Delhi, April 7 (IANS) As the US reciprocal tariffs hit global markets, Neelkanth Mishra, chief economist at Axis Bank, said on Monday that some countries like China will have no option but to devalue their currencies in the current scenario.
Mumbai, April 7 (IANS) In a bloodbath on the Dalal Street, the stock markets plunged on Monday morning following the global sell-off, as the trade war fear increased amid impending US reciprocal tariffs.
Mumbai, April 7 (IANS) As the Reserve Bank of India (RBI) began its Monetary Policy Committee (MPC) meeting (from April 7-April 9) here, SBI Research on Monday said it expects a 25-basis point rate cut in the policy and cumulative rate cut over the cycle could be at least 100 basis points, with two successive rate cuts over February and April.
Mumbai, April 7 (IANS) The Indian stock markets crashed on Monday morning over fears of US reciprocal tariffs set to come into force from April 9. The Nifty 50 and Sensex were trading 3.85 per cent and 4.16 per cent down, respectively, in early trade.
New Delhi, April 6 (IANS) Billionaire Gautam Adani’s group and FMCG major Patanjali Ayurveda are among 26 companies that have shown interest in acquiring debt-laden Jaiprakash Associates Limited (JAL), which is currently undergoing insolvency proceedings.
New Delhi, April 6 (IANS) Aman Gupta, one of the popular judges of ‘Shark Tank’ reality show, joined the raging debate on India’s ‘vegan ice-cream' start-ups as compared to Chinese semiconductors and electronics businesses and extended support to Union Minister Piyush Goyal’s call for better ideas and innovation in Indian start-up ecosystem.
New Delhi, April 6 (IANS) Online food and grocery delivery platform Swiggy is facing fresh tax troubles after receiving two assessment orders related to the financial year 2021-22.
New Delhi, April 6 (IANS) India’s startup ecosystem witnessed a strong funding rebound this week, with total investments soaring over 2.3 times to around $357.29 million across 30 deals, compared to $152.49 million raised by 23 startups last week.
New Delhi, April 5 (IANS) The new financial year (FY26) has commenced on a subdued note, largely driven by the imposition of higher-than-anticipated tariffs by the US, market experts said on Saturday, adding that any constructive developments arising from the ongoing India–US bilateral trade negotiations could serve as a supportive catalyst for the market.
Mumbai, April 4 (IANS) Indian frontline indices opened in the red on Friday following global sell-off in the equity markets in reaction to the reciprocal tariffs announced by US President Donald Trump.
