In a significant move aimed at deepening its trade engagement with North America, India’s Ministry of Commerce and Industry has begun expanding its NAFTA-focused wing. The decision comes at a time when India is actively pursuing a quick resolution to ongoing tariff disputes with the…
Category: Business
Sensex, Nifty Slide 1% as US Tariff Announcements Spark Fears of Global Economic Slowdown
Indian equity markets witnessed a sharp decline on Thursday as both the Sensex and Nifty fell by nearly 1%, tracking global market weakness triggered by the latest round of US tariff announcements. The Sensex plunged over 650 points intraday before closing lower by 580 points,…
Sensex Down 300 Points, Nifty Near 23,200 as Trump Imposes 26% Tariff on India
rump Tariff Effect: Sensex Drops Over 300 Points, Nifty Near 23,200 as US Imposes Reciprocal Tariffs The Indian stock market faced a sharp decline on Thursday as the Sensex plunged over 300 points and the Nifty slipped close to 23,200 following the US President’s announcement…
U.S. Imposes Tariffs on Major Trading Partners, Including India and China
Trump Imposes 26% Tariff on India, Says ‘We’re Collecting Only Half’ Trump’s Reciprocal Tariff Announcement Shocks the World U.S. President Donald Trump has shocked the world by announcing new tariffs. Initially, it was expected that the U.S. would impose tariffs equal to those levied by…
Trump’s Reciprocal Tariff Announcement Triggers a Global Stock Market Sell-Off
Trump’s ‘Tariff Bomb’ Shakes Global Stock Markets: Impact on India Donald Trump’s Tariff Bomb Effect on Stock Markets: U.S. President Donald Trump has announced reciprocal tariffs on India and several other countries, leading to a major sell-off in Asian markets. Trump has imposed a 26%…
Hindustan Zinc Q4 Update: Mined Metal Production Rises 4% YoY, Refined Zinc Output Grows
Hindustan Zinc Ltd (HZL) has reported a 4% year-on-year (YoY) increase in mined metal production for the fourth quarter of FY25, reflecting strong operational performance. The company also recorded growth in refined zinc output, reinforcing its position as a leading player in the global zinc…
Lodha Brothers’ Trademark Dispute: Macrotech Accuses Abhinandan Lodha’s Firms of Forgery
The ongoing trademark battle between the Lodha brothers, Abhishek Lodha and Abhinandan Lodha, has escalated, with Macrotech Developers Ltd.—led by Abhishek Lodha—accusing companies linked to Abhinandan Lodha of forgery and trademark misuse. Macrotech’s Allegations Macrotech Developers, known for its Lodha brand, has alleged that Abhinandan…
Sensex Plunges 1,390 Points, Nifty Drops 354 Points Amid Global Uncertainty
Sensex Crashes by 1,390 Points, Nifty Falls 354 Points Sensex loses intra-day 76,000 level, Nifty drops below 23,150; small-cap and mid-cap stocks show resilience. Trump claims India is ready to reduce tariffs; FPIs sell stocks worth ₹5,902 crore. Mumbai: Global markets, including Indian stock exchanges,…
Haldiram’s Sells 6% Stake to IHC’s Alpha Global, Strengthening Its Global Expansion Plans
India’s leading snack and food brand Haldiram’s has sold an additional 6% stake to Alpha Global, a subsidiary of International Holding Company (IHC). This move marks another step in Haldiram’s efforts to attract global investors and strengthen its market position. Strategic Investment for Growth Haldiram’s,…
Aditya Birla to Sell Paper Unit to ITC for 3,498 Crore
Aditya Birla Real Estate Ltd (ABREL), a part of the Aditya Birla Group, has announced the sale of its pulp and paper unit in Lalkuan, Uttarakhand, to ITC Ltd for a lump sum cash consideration of ₹3,498 crore. The transaction will be executed as a…
Indian Stock Market Plunges as Investors React to Trump’s Reciprocal Tariffs
Stock Market Crash: Impact of Reciprocal Tariffs The stock market has experienced a sharp decline, with the Sensex dropping over 1,100 points due to the reciprocal tariffs being imposed by U.S. President Donald Trump. Investors have adopted a cautious stance, and many have been booking…
Understanding the Importance of Risk Management for Successful Stock Market Investment
Risk Management is Essential for Stock Market Investment: If You Are Trading with ₹10,000, Limit Losses to ₹200 – Follow These 6 Strategies Investing in the stock market offers great return potential, but it also involves significant risk. Understanding risk management is crucial for building…
NITCO sees Rs.100 cr profit from property deal with Manometer India
MUMBAI, 31stMarch 2025: NITCO Limited, India’s leading premium tiles and marble brand, proudly announces a key strategic agreement with Manometer (India) LLP [Erstwhile Manometer (India) Private Limited]. This milestone deal involves the assignment of leasehold rights in Plot No. F-6/3, spanning 4,144 sq. meters at…
Govt to Raise Stake in Vodafone Idea to 49% with Rs 37,000 Crore Investment
In a significant move to support the debt-ridden telecom operator Vodafone Idea, the Indian government is set to increase its stake in the company from 22.6% to 49% through fresh acquisitions worth Rs 37,000 crore. This development comes as part of the government’s strategy to…
India’s Economy Can Double to $7 Trillion by 2030: Deutsche Bank CEO
India stands at a pivotal moment in its economic trajectory, with the potential to double its GDP to $7 trillion by 2030. The next five years will be critical in determining whether the country can achieve this ambitious milestone. According to Deutsche Bank CEO Christian…
RBI Allows Banks to Increase ATM Cash Withdrawal Charges Beyond Free Limit
The Reserve Bank of India (RBI) has permitted banks to increase charges on ATM cash withdrawals beyond the free transaction limit. This decision comes in response to rising operational costs, including ATM maintenance, security, and cash handling expenses. According to the revised guidelines, customers exceeding…
India Seeks Clarity on Reciprocal Tariffs, but US Holds Back
India has called for greater clarity on reciprocal tariffs in its ongoing trade discussions with the United States, but Washington has remained hesitant in making firm commitments. The talks, which are part of broader economic negotiations between the two nations, aim to address long-standing trade…
Mohit Patel: Entrepreneurs who define digital marketing and fashion in India
A leader in innovation and branding Entrepreneurship is about creating vision, adaptability and effects. Mohit Patel, CEO of MP Media Promotion and founder of Monax, is a name that symbolizes all three. Mohit’s journey is no less inspiring, from bringing revolution in digital marketing with…
Retail Credit Growth Slows as New Customer Loans Drop 21%: CIBIL
India’s retail credit growth experienced a notable slowdown in the quarter ending December 2024, with a significant 21% year-on-year (YoY) decline in loan originations among new-to-credit (NTC) consumers—those accessing credit for the first time. This trend is particularly evident in consumption-led credit products, such as…
India to Abolish ‘Google Tax’ Amid US Pressure: A Strategic Move for Trade and Digital Growth
India has announced plans to abolish the 6% equalisation levy, commonly referred to as the ‘Google tax’, effective April 1, 2025. This tax, introduced in 2016, targeted foreign digital advertising services and predominantly impacted U.S.-based technology companies such as Google, Meta, and Amazon. Background…