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«If VAT tax is included in the reciprocal tariffs, then first of all the level of the tariffs obviously is going to be much higher and the countries that will be most affected are also going to be different,» says Jahangir Aziz, JPMorgan. Big night tonight for us here in India. The Trump administration is set to unveil the reciprocal tariffs. Tell me, will US reciprocal tariffs directly match other country tariffs or will the scope be wider you think? And which countries, according to you, are likely to get impacted the most? Jahangir Aziz: So, we are looking at various variations of this. So, one of them obviously is that it just matches the reciprocal tariffs, in which case the countries that will be most affected are countries like India and Brazil, who have very large tariffs differential with the US. But at the same time, there is a sense that the reciprocal tariffs will not just be about tariffs differential, but it will also include what the US administration calls non-tariff barriers.

global trade landscape, and to maximise its position in trade realignments, it must strategically defend its key sectors while leveraging shifts in global supply chains, said Brad Staples, Chief Executive Officer of APCO Worldwide. Answering exclusive questions of ANI, Staples said, «India must fast-track its bilateral trade negotiations, „Fast-tracking Free Trade Agreements (FTAs) and ensuring a stable, predictable trade environment will enhance India's appeal as a trusted global trade partner.“ The US is increasingly using tariffs as a strategic tool; it imposed 25 per cent duties on steel and aluminium and recently extended the same 25 per cent tariff to imported automobiles and automobile parts. It is also considering additional levies on pharmaceuticals and semiconductors. This presents both challenges and opportunities for India's trade landscape.

Waqf Amendment Bill will taken up for debate and passage in the Lower House of the Parliament today. With the parties in the ruling BJP-led National Democratic Alliance and the Opposition INDIA bloc showing no signs of bipartisan consensus building, the outcomes may be decided on the majority numbers on the floor. The strength of the NDA in Lok Sabha is 293, comfortably ahead of the majority mark in the 542-member House. Even in Rajya Sabha, NDA has surpassed the majority mark with 126 members on its side in the House of 236 members, including two independents and six nominated members, who invariably vote in support of the govt. Read more: Waqf (Amendment) Bill, 2024 to be taken for passage in Lok Sabha on Wednesday; here's all you should know The bill will be tabled after the Question Hour today for consideration and passing, and following that, an 8-hour discussion will be held, which is also subject to an increase.

TVS Motor Company Ltd.(up 2.88 per cent), Maruti Suzuki India Ltd.(up 1.72 per cent), Eicher Motors Ltd.(up 1.09 per cent), Bosch Ltd.(up 0.67 per cent) and Balkrishna Industries Ltd.(up 0.64 per cent) were among the top gainers.

Subscribe to enjoy similar stories. The highly commoditized smartphone market in India rarely gets devices that stand out. Truth be told, it’s difficult to really call any smartphone ‘different’ in today’s market, but if they can get any different at all, the Xiaomi 15 Ultra is likely as far as it can get.

Subscribe to enjoy similar stories. The once-booming initial public offerings (IPO) market, fueled by frenzied retail participation, has hit a speed bump. The recent sell-off in Indian equities has forced companies to defer listings, with March seeing no mainboard public listing, the first monthly lull since May 2023.

Subscribe to enjoy similar stories. “The golden age of America begins right now," intoned Donald Trump at the start of his inaugural address on January 20th. The business world bought the glittering talk, in anticipation of lower taxes, less red tape and buoyant American consumers.

Donald Trump on Wednesday is set to announce the most expansive US trade restrictions in a century, at a stroke upending the postwar global trading system and posing difficult-to-predict economic risks. The administration’s plans to impose what Trump calls reciprocal tariffs have left investors, executives, government officials and consumers around the world guessing what lays ahead when he takes the podium at the 4 p.m. White House Rose Garden event. Deliberations are coming down to the wire, with the size and scope of new levies still being discussed Tuesday. Also Read: As tariff clock counts down, Trump is still up for 'a good negotiation' The lack of details so far on the structure, size and targets of the levies have left the world “flying blind” heading into the big announcement day, according to Nomura Holdings Inc. chief economist Rob Subbaraman. “The Trump administration’s proposed reciprocal tariffs mean different things to different people,” he wrote in a recent note to clients. While a direct approach means the US matching the levies that other nations impose on US goods, “we suspect the criteria for US reciprocal tariffs will be much broader than that, and indeed more difficult to quantify.”

It is reported that 97 out of 220 shops have been issued notices for failing to maintain proper storage conditions. And many have been found using detergent powder in creams to create a creamy texture, and phosphoric acid is being used in cool drinks to enhance fizz, according to a media report. As per The New Indian Express report, a fine of Rs 38,000 has been imposed on the market player for following ill practices.

«India has historically had higher tariffs on US goods than the US imposes on Indian goods. This means India is one of the key targets for Trump’s tariff realignment. The impact could be significant across pharmaceuticals, automobiles, agriculture, and textiles, disrupting billions in trade,” said Ross Maxwell, Global Strategy Operations Lead at VT Markets.

Sensex and Nifty50, traded higher on Wednesday, led by gains in IT and banking stocks, as investors awaited U.S. President Donald Trump's latest round of tariffs. At 9:37 am, the BSE Sensex was up 426 points, or 0.56%, at 76,451, while the Nifty50 gained 123 points, or 0.53%, to trade at 23,289.

Shriram Finance shares will be in focus on Wednesday after the Reserve Bank of India (RBI) approved the company’s 100% acquisition of Shriram Overseas Investments from Shriram Investments Holdings. Additionally, the central bank has cleared the appointment of Umesh Revankar, Executive Vice Chairman, and Parag Sharma, Managing Director & CFO, as Directors on the board of Shriram Overseas Investments, subject to compliance with specified conditions.

property investments. One such individual, who runs a business that can be managed remotely, recently shared a unique strategy—buying property in Dubai and using its rental income to fund a rental home in India. The dilemma arises from the high cost of property in South Delhi, where homes in prime locations cost ₹5-7 crore. Although financially capable of buying a home outright, the buyer feels that the value for money in Delhi’s property market is unappealing. Instead, a relative suggested purchasing real estate in Dubai, which offers better returns and additional benefits like a Golden Visa for investments exceeding AED 2 million (approximately ₹4.6 crore). A ₹5 crore property in Dubai can yield rental returns between 5-8%, generating ₹25-40 lakh annually. After taxes, this translates to ₹1.7-2.56 lakh per month. In contrast, renting a similar property in South Delhi costs only around ₹1-1.2 lakh per month, based on a rental yield of 1.5-2.5%. This means the investor could cover rent in Delhi while still pocketing ₹1-1.5 lakh monthly from the Dubai investment.

JSW Energy shares are likely to be in the spotlight on Wednesday, April 2, after the company announced a major operational milestone, surpassing the 10 GW installed capacity mark in FY2025, a first in its history. “JSW Energy Limited (“the Company”) has achieved a significant milestone by adding 3.6 GW of generation capacity during FY2025, marking the highest annual capacity addition in the Company's history,” the company said in an exchange filing.

Coal India shares will remain in focus on Wednesday after the state-run company announced a Rs 10 per tonne price hike for both coking and non-coking coal, effective April 16. The company stated that its board had approved the increase in the «notified price of coal by Rs 10 per tonne, from the current Rs 10 per tonne to Rs 20 per tonne for non-coking coal and Rs 10 per tonne for coking coal, for both regulated and non-regulated sectors across CIL, towards contributing to the corpus of CMPS-1998.» Coal India contributes to over 80% of domestic coal production.

Donald Trump’s looming import tariffs ripple through global car manufacturing. Trump had initially taken aim at fully assembled vehicles, with a 25% import duty set to take effect on April 3, but additional levies on car parts such as engines, transmissions and electrical systems are slated to begin by May 3. That’s kicked off frantic lobbying by major carmakers Ford Motor Co., General Motors Co. and Stellantis NV to get certain components excluded, and left Indian suppliers stuck in limbo. The US is the biggest market for India’s auto parts exports, accounting for almost a third of the $21.2 billion industry in the year ended March 31, 2024. The local passenger vehicle market has been tepid with growth expected at just 2% for the year ending March 2026, Partho Banerjee, senior executive director at Maruti Suzuki India Ltd. told reporters on Tuesday.

Tata Consumer Products shares will be in focus on Wednesday after Goldman Sachs upgraded the stock to a 'Buy' rating and raised its target price to Rs 1,200 from Rs 1,040. The brokerage expects strong earnings per share (EPS) growth for the company over FY25-27, driven by a recovery in tea margins through price hikes.

Reliance's wholly-owned subsidiary, Rise, and BLAST Esports on Wednesday announced their partnership to conduct esports business in India. The strategic partnership will form a new JV entity and it will bring together BLAST’s esports media production expertise, publisher relationships, IPs, and Jio’s technology expertise, distribution reach, and local relationships to host these events on the JioGames platform for sustainable growth and innovation in the industry.

Tata Motors shares will be in focus on Wednesday after the company reported flat domestic sales of 90,500 units in March 2025, compared to 90,822 units in March 2024. While passenger vehicle (PV) sales, including electric vehicles (EVs), rose 3% to 51,872 units, commercial vehicle (CV) sales declined 3% to 41,122 units.

The tenure of the deal or the name of the company was not disclosed.

Infosys co-founder Nandan Nilekani has proposed a revolutionary solution: the tokenisation of land. He suggests digitising land titles and making them tradable on a blockchain ledger, like stocks or bonds. This could transform dormant assets into active resources, making it easier for landowners to access capital for business ventures or loans. However, Sridhar Vembu, founder of Zoho Corporation, has raised a critical counterpoint. In a recent post on X (formerly Twitter), Vembu expressed his concerns about the potential dangers of turning land into a liquid asset. While Nilekani envisions a future where landowners can unlock the value of their property, Vembu fears that increased liquidity could lead to exploitation, especially among vulnerable individuals.