India Financial News

Here's a look at some of the new tariff regime's key features, as detailed in Trump's executive order.

STATE OF THE MARKETS GIFT Nifty (Earlier SGX Nifty) signals a gap-down start GIFT Nifty on the NSE IX traded lower by 301 points, or 1.28 per cent, at 23,129.50, signaling that Dalal Street was headed for gap-down start on Thursday.

Trump has accused America's trading partners of undermining the United States for decades, saying they have engaged in unfair trade practices to steal the country's wealth and enrich their own economies. He has set his sights on not only adversaries like China, but also traditional allies like Canada and Europe. And he has complained about a number of factors, including high tariffs that other countries charge American products, and persistent trade deficits the United States has with foreign countries. Trump has promised to correct this situation Wednesday, when he announces expansive tariffs on foreign products that he says will level the playing field. In some cases, there's truth to the president's claim that the United States offers its trading partners more favorable terms than it often gets in return. As a proponent of free markets, the United States has long been more open to trade than many countries globally. That has encouraged the United States to rely on imports of many critical goods, like semiconductors and pharmaceuticals, instead of manufacturing them itself. And some countries do have tough trade barriers to U.S. exports, or economic policies that distort global markets — particularly China, which has flooded the world with manufactured goods. Still, trade experts say that Trump's claims include a heavy dose of exaggeration, as well as hypocrisy.

Airtel, HDFC Bank, Macrotech Developers, Maruti Suzuki, Hindustan Zinc among others will be in focus due to various news developments. SpiceJet SpiceJet, which had regular flights to Nepal before the Covid pandemic, has received scheduled approval and slots from Kathmandu's Tribhuvan International Airport (TIA).

Subscribe to enjoy similar stories. NMDC Ltd: Buy at ₹70.20 | Target ₹76-78 | Stop loss ₹67 The stock has given a falling wedge pattern breakout with strong volumes (on daily chart). Additionally, the Relative Strength Index (RSI) is above the 60 level, suggesting that the momentum is likely to continue.

Subscribe to enjoy similar stories. The Indian stock market often reveals hidden gems, especially during phases of active buying and short covering. The goal is to identify key factors that, when combined, can generate meaningful returns in the coming weeks.

Subscribe to enjoy similar stories. Plans to upgrade India’s lone state-owned chip fabrication unit have picked up pace, with the Centre meeting 35 companies last month in a bid to evaluate their roles in a potential deal that is worth ₹4,000 crore.

Subscribe to enjoy similar stories. India's stock markets have remained volatile over the past five trading sessions, facing resistance at the 50-week moving average, with Nifty 50 trading within the 23,800–23,100 range. In the broader market, only 21% of NSE 500 stocks traded above their 200-day moving average (DMA), while 54% were above their 50-DMA.

Subscribe to enjoy similar stories. Mumbai/Bengaluru: A stock price plunge and, in some cases, a cash crunch has prompted creditors to take control of shares pledged by promoters of at least 15 small-cap companies over the past six months. Solar project consultant and contactor Gensol Engineering Ltd and payment solutions provider AGS Transact Technologies Ltd, two companies that recently defaulted on loans, are among the small-cap firms that reported invocation of pledged shares, according to Prime Database, a Mumbai-based markets data tracking firm.

Subscribe to enjoy similar stories. New Delhi: As US President Donald Trump unleashed his global tariff war from the White House, India found itself grappling with a new regime that stopped short of full reciprocity but still posed significant trade barriers. With Trump deciding to charge half of the tariffs a country imposes on American imports, Indian exports to the US face a 26% tariff.

Subscribe to enjoy similar stories. Bengaluru: Flexible workspace providers are seeing higher demand for office space from artificial intelligence companies and AI-first businesses, with a bulk of the leasing happening in Bengaluru, Pune, and Hyderabad. Flex office operators such as WeWork India, IndiQube, Table Space, Incuspaze and others have signed on AI firms as tenants for 50-700 seats in their centres.

Subscribe to enjoy similar stories. Mumbai: India’s largest lender State Bank of India (SBI) is scouting for fintechs which can help it gain an edge over competitors with debt card solutions, including an option for customers to print their own cards at kiosks. The bank is looking to partner with fintechs who can provide services for these kiosks, allowing customers to upload photos or select from design templates, according to a document seen by Mint.

Subscribe to enjoy similar stories. President Trump unveiled his new “liberation day" tariffs on Wednesday, and they are another large step toward a new old era of trade protectionism. Assuming the policy sticks—and we hope it doesn’t—the effort amounts to an attempt to remake the U.S.

liquidity infusion of ₹80,000 crore via open market operations (OMO) on Tuesday. On an intra-day basis, the yield touched 6.48%, its lowest in three years, Clearing Corporation of India data showed. Lower US yields and expectations of a rate cut by RBI in its monetary policy next week have also weighed on yields, treasury heads at banks said.

IPO) for its portfolio company Straive in India, said people familiar with the matter. EQT has appointed Axis Capital, JP Morgan and Morgan Stanley to manage the offering for the edtech-focused data and solutions provider, the people said.

Reserve Bank of India is expected to announce another policy rate cut next week, while a further improvement in liquidity conditions is also seen. HDFC Bank, Yes Bank and Bandhan Bank, as well as NBFC Bajaj Finance, have all reduced deposit rates this week. This would eventually lead to lower lending rates and improve transmission of policy rates, treasury officials said. RBI has purchased bonds worth ₹1.4 lakh crore since January to improve liquidity in the financial system. On Tuesday, it announced buyback of another ₹80,000 crore.

Beginning April 3, the US would levy a 25% tariff on fully assembled cars from India. By May 3, similar tariffs were expected on auto parts, raising concerns in India’s auto sector, which is one of the country’s largest exporters to the US. Announced during the “Make America Wealthy Again” event, the tariffs were part of Trump’s broader "Fair and Reciprocal Plan," under which the US would impose tariffs equivalent to those levied by other nations on US goods. On March 26, Trump officially announced the imposition of 25% tariffs on foreign-made cars and auto parts. These tariffs were set to go into effect on April 2, targeting a critical sector that includes exports of fully assembled vehicles and auto components. The impact of these tariffs is particularly concerning for India.

China, which has long been a target of US trade actions, will face a hefty 34% tariff, while the European Union will see a 20% levy. Vietnam, another key player in the global trade landscape, will bear the heaviest burden with a 46% tariff on its imports to the U.S. The tariffs, which Trump announced on what he referred to as “Liberation Day,” are designed to boost US manufacturing and punish countries for trade imbalances.

reciprocal tariffs of the US as it could severely hurt MSME shipments to America in the short run, Federation of Indian Export Organisations President SC Ralhan said on Wednesday. He suggested that the government should come forward and support exporters to deal with these tariffs. «Reciprocal tariffs in the range of 10 per cent are manageable but beyond that will have serious implications on Indian exporting community, particularly MSMEs. The duties will have a short-term impact on India's exports to the US as both the countries are negotiating a bilateral trade agreement,» Ralhan told PTI. The US tariffs will definitely impact demand for Indian goods in the US market, he said adding buyers are already holding orders as there is an uncertainty over import duties. Goods from sectors, including agriculture, precious stones, chemicals, pharma, medical devices, electricals, and machinery, may get impacted if the US goes ahead with imposing reciprocal tariffs on Indian products. US President Donald Trump has said the tariff announcements, scheduled for early morning Thursday (India time), will amount to a 'Liberation Day' for the US.