Indian equity indices on Tuesday ended flat on Tuesday ahead of the Federal Open Market Committee (FOMC) minutes and ongoing concerns on United States tariff-related issues.
In a simulated scenario assessing the potential economic impact of a 20 per cent flat tariff on Indian exports to the United States, the State Bank of India report predicts a loss of 50 basis points (bps) to India's GDP.
US President Donald Trump outlined a new trade policy focused on fairness and reciprocity and said that the US would implement reciprocal tariffs, charging other countries the same tariffs they impose on American goods.
India's auto component industry is expected to face only a limited impact from the potential reciprocal tariffs proposed by US President Donald Trump on auto industry, according to a report by Nomura.
The impact of U.S. tariff reciprocity on Indian exports is expected to be minimal, despite concerns over trade restrictions, according to a report by State Bank of India.
The market participants in the upcoming week starting from Monday will react to the foreign institutional investment flow, currency movement, speculation regarding U.S. tariffs and their impact on global trade and key domestic data.
Uncertainties surrounding rate cuts and the escalation of tariff wars will influence the sentiments in the near term and prolong the information technology (IT) sector recovery, said a report by Mirae Asset Sharekhan.
The impact of the proposed reciprocal tariffs by the United States on India will depend on how the policy is implemented--whether on a sectoral basis or a product-specific basis.
Taiwan plans to raise its defence spending to at least 3 per cent of GDP this year, President William Lai announced, emphasising the need to strengthen national security. The proposed increase comes amid growing regional tensions and US President Donald Trump's renewed push for tariffs on Ta
Former Indian Ambassador to the US and BJP leader Taranjit Singh Sandhu highlighted discussions between Prime Minister Narendra Modi and US President Donald Trump on "Mission 500," an initiative to boost bilateral trade to USD 500 billion by 2030. The talks also addressed trade barriers, mar
Addressing the topic of reciprocal tariffs imposed by President Trump on Indian goods, Sandhu clarified that Trump's tariffs weren't specifically targeted at India, but rather part of a broader approach to address trade imbalances with multiple countries, including US allies.
After United States approved the extradition of 26/11 Mumbai terror attack accused Tahawwur Rana to India, Congress MP Manish Tewari said that this step will help in "unravelling" the conspiracy behind the attack.