In keeping with the turmoil in global markets following President Donald Trump's tariff decisions, the US markets also witnessed a bloodbath as they opened on Monday morning.
Amid the turmoil in stock markets and countries making adjustments because of US reciprocal tariffs, Congress leader Rahul Gandhi on Monday said that US President Donald Trump "has blown the lid off the illusion" and India has to build a resilient, production-based economy.
Informing the Union Minister that the fisheries sector is playing a crucial role in the State's Gross Domestic Product (GDP), Chandrababu Naidu mentioned that the Centre should stand by the aqua farmers when they are in a deep crisis.
Indian stocks witnessed a bloodbath as the new week kicked off, triggered by the Trump reciprocal tariffs. These tariffs have set off a sell-off in equities globally, and India was no exception.
Former Maharashtra Chief Minister and Congress leader Prithviraj Chavan on Monday slammed Prime Minister Narendra Modi's handling of India's bilateral relationship with the US as the Indian stock market continued to be in the red after President Donald Trump's announcement of sweeping tar
Lok Sabha Leader of Opposition and Congress MP Rahul Gandhi on Monday attacked US President Donald Trump over the stock market situation and said that the US president has caused the stock market to tumble.
Karnataka Minister Priyank Kharge on Monday strongly criticised the central government over the passage of the Waqf Bill, calling the process unconstitutional and vowing to challenge it in court.
Sachin Jain, Regional CEO India at World Gold Council (WGC), said the fundamentals of gold as an asset class are "very strong" and will continue to be "very strong" throughout the year. The latest correction was on expected lines post the imposition of Trump's reciprocal tariffs.
India's telecom and agriculture sectors are among the worst-affected sectors by the US President Donald Trump's tariffs, highlighted the data shared by a report of EY.
Taiwan's President Lai Ching-te delivered remarks regarding the impact of the 32 per cent tariff that the United States government recently imposed on imports from Taiwan in the name of reciprocity. He announced that Taiwan will adopt a five response strategy to deal with these tariffs and
India could see a decline of USD 5.76 billion or 6.41 per cent in exports to the United States (US) because of the tariffs, in 2025 says a research report by the Global Trade Research Initiative (GTRI).
As global markets continue to see a sharp decline, several economists are urging the Reserve Bank of India (RBI) to take stronger steps in its upcoming monetary policy meeting.