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U.S. tariffs and their potential impact on the global economy continued to dampen sentiment. The benchmark BSE Sensex lost 72.56 points or 0.10% to close at 74,029.76, while the broader Nifty 50 index closed at 22,470.50, lower by 27.40 points or 0.12%.

Inditex Chief Executive Officer Oscar Garcia Maceiras said constantly changing news on tariffs and geopolitics was making it difficult to make long-term predictions, the latest business leader to highlight the impact of uncertainty as U.S. President Donald Trump overhauls trade and foreign policy.

Subscribe to enjoy similar stories. IndusInd Bank shares recovered on Wednesday after falling to its lowest level in one year as investors were reassured by statements made by its promoter Ashok Hinduja and CEO Sumant Kathpalia. The shares of the private sector lender had crashed by 27% on Tuesday after the bank disclosed discrepancies in accounting for foreign currency derivative trades over a period of five to seven years.

Ukrainian soldiers holding the front line in the war-battered east of the country, the prospect of a 30-day ceasefire with Russia brought little relief — only distrust and suspicion. Senior Ukrainian and US officials walked away from high-stakes talks in Saudi Arabia late Tuesday agreeing to present Russia with a proposal to halt more than three years of fighting for several weeks. But in eastern Ukraine, there was little hope that even if Moscow agreed to a pause, the Kremlin would make good on promises to stop fighting. A 44-year-old serviceman with the call sign «Malchik» («Boy») said Russia would claim to adhere to a ceasefire and then find ways to keep attacking. «They'll say in public that there's no fighting and no shelling. But this scum has always harassed us and it will continue to,» he told AFP in the frontline city of Kramatorsk.

U.S.-Canada tariff war has taken a deliciously petty turn, and this time, the battlefield is not the political stage but the sandwich board of a Canadian café. In response to President Donald Trump’s latest round of economic threats—and his bizarre proposal to make Canada the 51st U.S. state—a local eatery has introduced a culinary masterpiece that has the internet howling: The Trump Sandwich. So, what’s inside this politically seasoned delicacy? According to the café’s chalkboard menu, it’s served on “White Bread, Full of Baloney, with Russian Dressing and a Small Pickle.” The not-so-subtle jab at Trump’s policies, persona, and alleged Russian ties has turned the sandwich into an instant internet sensation.

Kremlin spokesperson Dmitry Peskov said Wednesday that it's important not to «get ahead» of the question of responding to the 30-day ceasefire proposal. He told reporters that Moscow is awaiting «detailed information» about it from the US and suggested Russia must get that before it can take a position. The Russian missiles killed four Syrian men between the ages of 18 and 24 on a ship docked at the southern port of Odesa late Tuesday, where it was loading Ukrainian wheat for Algeria, Infrastructure Minister Oleksii Kuleba said. Another missile killed a woman in Kryvih Rih, President Volodymyr Zelenskyy's hometown in central Ukraine, authorities said. The American help is vital for Ukraine's shorthanded and weary army, which is having a tough time keeping Russia's bigger military force at bay. But for Moscow, more American aid spells potentially more difficulty in achieving its war aims and likely will be a tough sell in Moscow for Washington's peace efforts.

Thomas Kierans was stopped by a reporter in St. John’s, Nfld., on the occasion of his 100th birthday. Regarded around town as somewhat of a local treasure, he was dressed in a tan winter coat, a colourful knit scarf and a newsboy-style cap, and he was asked about some of his equally colourful and yet never realized ideas for mega-scale infrastructure projects.

The European Union launched countermeasures on Wednesday against new U.S. metals tariffs, with plans to impose its own duties on up to €26 billion (US$28.3 billion) worth of American goods.

Pension funds that were buoyed by soaring stock markets and growing economies that helped produce double-digit returns last year are now being challenged by the escalating trade war between the United States and Canada that is spilling out globally.

United States President Donald Trump’s back-and-forth tariff threats are galvanizing an “invest in Canada” movement that’s prodding pensions to keep more of their cash at home.

Subscribe to enjoy similar stories. India recently announced a budgetary allocation of ₹3,200 crore to set up 200 Day Care Cancer Centres in all district hospitals over the next three years. This is welcome.

Subscribe to enjoy similar stories. Tesla shares were at a five-month low, Tesla showrooms in the US are being vandalized, Tesla cybertrucks were set on fire in Seattle, and the electric vehicle maker’s sales are down in the US and Europe. That US President Donald Trump has bought a Tesla car might seem like good news, signalling support at the highest level.

Bitcoin, Ethereum, Solana, XRP, Cardano, and Dogecoin, extended their losses on Tuesday as concerns over U.S. economic growth intensified. Investors worried that escalating trade tensions could slow down the U.S. economy and push it into recession. Market sentiment weakened further after former U.S. President Donald Trump, in a Fox News interview, spoke about a «period of transition» but avoided predicting whether his tariff policies could lead to a recession. His comments added to investor uncertainty, triggering declines across cryptocurrencies, stocks, and the U.S. dollar, while Treasury yields also fell.

Iran's top diplomat said Wednesday an Arab country will soon deliver it a letter from US President Donald Trump, who has called for striking a nuclear deal with the Islamic republic. «The letter has not reached us yet but an envoy from an Arab country is set to deliver it soon in Tehran,» Foreign Minister Abbas Araghchi told reporters after a cabinet meeting. He did not elaborate on the identity of the Arab country or the timing of the letter's delivery. On Friday, Trump said he wrote a letter to Iran's supreme leader Ayatollah Ali Khamenei calling for talks to forge a new deal on Tehran's nuclear programme, or face a potential military option. But Iran has rejected talks under «maximum pressure» policy that Trump reinstated after his return to the White House in January.

Robert Kiyosaki of 'Rich Dad Poor Dad' fame has sounded an alarm on the ongoing stock market correction warning investors that the «crash» could be the biggest in the history of US markets and could surpass the one seen in 1929 which led to the Great Depression. On Tuesday, Kiyosaki tweeted, «THE EVERYTHING BUBBLE is bursting. I am afraid this crash may be the biggest in history. Germany, Japan, and America have been the engines up to now. Unfortunately our incompetent leaders led us into a trap….giant crash. I wrote about this crash in my book RICH DAD’s PROPHECY. This crash is going to be bigger than the 1929 Crssh…. A crash that led to the Great Depression».

Betsy Arakawa were found dead, along with their pet dog, at their home in Santa Fe, New Mexico in February 2025, sparking intense speculation about their cause of deaths. Recently, authorities revealed Gene Hackman died of heart disease days after his wife died from hantavirus pulmonary syndrome (HPS). But what exactly is this rare illness?

«If we do make a higher low than the low that we made last time and then manage to move up from there, that would be a very-very positive sign for the overall market,» says Rohit Srivastava, Founder, Strike Money Analytics & Indiacharts. Yes, we just tend to get happy too soon, too quick when you look at the markets, a mild bit of rebound, and you are really pretty enthused and kicked about it thinking that maybe things are actually turning for better. Once again, a down day now. Rohit Srivastava: I do think things are turning for better. If you look at the last two-three days of price action in India and across Asia, what you will really witness is that most of the markets are resilient in the face of US-based news flow and volatility, which is partly because a lot of the selling in India and Asia was already going on since the month of October. In some parts of the world, even since June and July. So, many of the markets had already corrected. The US stock market is the last one to correct. Whatever the reasons may be, but if we just put it in the broader light of what has been happening, if there was a correction overdue in the world, it happened in other world markets first and it is happening in the US last and so that is why you are not seeing such a big impact of the US volatility now.

recession this year and a risk of lasting damage to the country's standing as an investment destination if the administration undermines trust in U.S. governance, according to J.P. Morgan's chief economist. «Where we stand now is with a heightened concern about the U.S. economy,» Bruce Kasman, the U.S. investment bank's chief global economist, told reporters in Singapore on Wednesday. He said he has not yet revised any forecasts, but put a roughly 40% recession risk into the outlook — up from about a 30% chance he had reckoned on at the start of the year. J.P. Morgan's current forecast is for 2% U.S. GDP growth this year. U.S. stocks have suffered their sharpest selloff in months over recent days as investors have grown nervous that President Donald Trump will slow the economy with import duties. Ninety-five percent of economists polled by Reuters last week across Canada, Mexico and the U.S. said recession risks in their economies had increased as a result of Trump's tariffs.

Subscribe to enjoy similar stories. Whether John Maynard Keynes said, “When the facts change, I change my mind" is often disputed, but the witticism has never seemed more apt. German chancellor-to-be Friedrich Merz, long a fiscal hawk as the leader of Germany’s centre-right Christian Democratic Union (CDU), recently made an about-turn on the virtues of higher deficit spending after being briefed on the country’s dwindling growth prospects and witnessing geopolitical gyrations in the US, which seems keen to patch up with Russia, potentially leaving its European allies in the lurch.

Subscribe to enjoy similar stories. As the U.S. market downturn continues, the natural question is whether it is a good time to start buying.

Subscribe to enjoy similar stories. Penny stocks are shares of listed companies with a lower market capitalization. These stocks usually have low share prices, typically under ₹100 and often below ₹50.