India's benchmark indexes are likely to open lower on Friday amid weak global sentiments as U.S. President Donald Trump's extensive tariff announcements ignited fears of a global recession.The GIFT Nifty futures were trading at 23,
Donald Trump's sweeping tariffs have shaken global trade, but disruption often creates opportunity. Starting 9 April, Indian goods will face tariffs of up to 27% (Trump's tariff chart lists India's rate as 26%,
India is looking to soothe frayed nerves of its exporters while simultaneously speeding up trade talks with the US, in an attempt to minimize the impact of Donald Trump’s tariffs on Asia’s third-largest economy.
By Kashish Tandon (Reuters) -Indian pharmaceutical stocks fell 4.4% on Friday, wiping out gains from the previous session, after U.S. President Donald Trump threatened steep tariffs on the sector. "Pharma (tariffs) is going to be starting to come in,
US President Donald Trump recently imposed heavy tariffs on more than 60 countries, including some of United States' key trade partners, including India. According to a report, apart from affecting the global economy,
Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Shares of Indian drugmakers slumped after President Donald Trump said US tariffs on pharmaceuticals are still under consideration.
(Reuters) -Indian shares inched lower on Friday as information technology stocks continued their slide amid fears of a U.S. recession hitting growth prospects. The Nifty 50 was down 0.26% at 23,190.40 as of 09:15 a.
Apple's market worth dropped significantly by $311 billion due to US President Trump's newly imposed reciprocal tariffs, impacting Apple's supply chain in China, India, and Vietnam. Despite the loss,
President Donald Trump slapped India with some of the highest tariff rates imposed on any major US trading partner, saying his good personal ties with Prime Minister Narendra Modi did not affect his decision.
As President Donald Trump was sworn in for a second term, Indian officials put a plan in motion to sidestep his promised trade war — launching high-level trade talks with their American counterparts,
Although that is manageable for Mr Modi in the short term, it comes as the economy is slowing and the stockmarket slumping. A long trade war could undermine his goal of boosting India’s exports to $2trn by 2030 and accelerating annual GDP growth to at least 8%. It could also damage his reputation for cultivating warm ties with Mr Trump.