Usa Financial News
31.03 / 04:09
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China discovers major new oilfield off Shenzhen
The Huizhou 19-6 oilfield lies about 170 kilometres (100 miles) from Shenzhen in south China's Guangdong Province, Beijing's Xinhua news agency said. Test drilling has yielded a daily production of 413 barrels of crude oil and 68,000 cubic meters of natural gas, the CNOOC said. The state-owned oil giant's CEO, Zhou Xinhuai, hailed «successive breakthroughs in oil and gas exploration in the eastern waters of the South China Sea». CNOOC «has discovered 100-million-ton oilfields for two consecutive years, which creates a new growth pole for the continuous growth in offshore oil and gas production,» he added.
31.03 / 04:09
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Trump tariffs, March auto sales among 8 factors that could determine D-Street movement this week
Nifty ended March on a strong note, gaining 6% during the month, led by banking and financial stocks. When markets resume trading on Tuesday, several important domestic and global events lined up for the week are likely to impact them. Indian stock markets will remain closed on Monday due to Eid-Ul-Fitr.
31.03 / 03:01
31.03 / 02:17
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India’s next big corporate reform: Decriminalise over 100 offences by year-end
Subscribe to enjoy similar stories. New Delhi: The government is preparing to decriminalize more than 100 offences under various laws by the end of this year to improve investor confidence and unlock potential for faster economic growth, three persons familiar with the development said.
31.03 / 02:01
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Trump says reciprocal tariffs will target all countries as India and world brace for 'Liberation Day'
Liberation Day, U.S. President Donald Trump announced on Sunday that the reciprocal tariffs he plans to unveil this week will apply to all nations, not just a select group of 10 to 15 countries with the largest trade imbalances. Trump has pledged to introduce a sweeping tariff plan on Wednesday, a move he has dubbed «Liberation Day.» He has already imposed tariffs on aluminum, steel, and automobiles, alongside heightened duties on all imports from China. «You'd start with all countries,» Trump told reporters aboard Air Force One. «Essentially all of the countries that we're talking about.» White House economics adviser Kevin Hassett recently told Fox Business that the administration’s tariff focus would be on 10 to 15 nations with the most significant trade imbalances, though he did not specify which ones. Meanwhile, India is considering reducing or even eliminating customs duties on auto parts imported from the US, a government official told ET. The move comes as part of efforts to strengthen trade ties, with officials believing it would not significantly impact the domestic industry. Trump views tariffs as a means of shielding the domestic economy from unfair global competition and as leverage for negotiating better trade terms for the U.S.
30.03 / 23:35
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The many dangers that democracy confronts today
Subscribe to enjoy similar stories. Here is how US representative Marjorie Taylor Greene responded to Sky News television correspondent Martha Kelner from the UK when the latter raised a question regarding the Signal chat leak at a press conference: “Okay, we don’t give a crap about your opinion and your reporting. Why don’t you go back to your country where you have a major migrant problem?...You should care about your own borders." No one would have expected such harsh, divisive, and disgraceful utterances from a powerful representative of the US.
30.03 / 20:17
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Volvo Veteran Hakan Samuelsson back as CEO for 2-year term
Volvo Car AB said Hakan Samuelsson, who served as its chief executive officer from 2012 to 2022, will retake the helm as the Swedish carmaker tries to navigate its way out of a malaise worsened by looming US tariffs. Samuelsson will replace Jim Rowan on April 1, and serve for a two-year term as the board looks for a long-term successor, the company said in a statement on Sunday. «With fast-moving technological shifts, growing geopolitical complexity, and intensifying competition across regions, the board believes the company is best served by leadership with deep industrial experience, deep knowledge of our group, and a proven ability to execute in challenging environments,» Volvo Car said. Volvo Car is among the European carmakers vulnerable to new 25% tariffs set to be imposed by the US next week on all imported passenger vehicles and light trucks, as well as key auto parts.
30.03 / 20:17
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Donald Trump’s economic moves since the start of 2025 that sent the US into financial chaos. Here’s what went wrong
economic policies under President Donald Trump have altered the US economy. Tariffs, tax changes, deregulation and shifts in spending have influenced trade, markets and public confidence. These changes have sparked discussions about their long-term effects, media reports said.
30.03 / 19:15
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'No need for Trump tariffs, trade pact talks on'
reciprocal tariffs, India has communicated to Washington that the focus of the trade relationship should be a bilateral trade agreement (BTA) to address any concerns over import duties, said people with knowledge of the matter. US officials who were in Delhi last week to negotiate the BTA told their Indian counterparts that the message would be conveyed to the White House as the final decision would be made there, the people told ET on condition of anonymity. Assistant US trade representative for South and Central Asia Brendan Lynch was in India from March 26-29 to discuss the BTA. The joint statement issued on Saturday after the talks did not mention reciprocal tariffs.
30.03 / 18:53
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Big pay bump? 2025 U.S military pay chart revealed; check new Army ranks, salary changes and payout dates
U.S. Military Pay Chart 2025 is a necessary reference for financial remuneration. Pay in the military is tiered by rank and years of service so that remuneration is equitable as per experience and responsibility. The US Military Pay Chart 2025 provides structured pay scales for members of the military with allowances, incentives, and benefits included. Besides basic salaries, military members also receive supplementary financial assistance, such as free medical care, housing allowance, retirement pay, and special allowances, to ensure their total compensation package is competitive and complete.
30.03 / 18:11
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Oops! Donald Trump accidentally debunks his own tariff justification in stunning leaked call with auto CEOs; here's what he said
In a leaked conversation with leading auto industry executives, Trump reportedly cautioned them against raising vehicle prices in response to his new tariffs, implicitly acknowledging the financial strain such measures could impose on manufacturers and consumers alike.
30.03 / 18:11
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Big support for Donald Trump: Jim Cramer shocks Wall Street with pro-tariff stance, slams free trade; ‘It’s cost us fortunes’
Host of CNBC's «Mad Money» took a clear stand against the idea, attributing the economic downfall of small towns throughout the United States to it. «I am for tariffs, plain and simple. I despise free trade,» Cramer insisted on an episode of his program, as quoted in a report by Bezinga. He continued on to say, «It's been embarrassing to our nation. It's cost us millions. Everyone takes advantage of us. There's just no limit to it.» Cramer's comments are opposite to the general assumption that free trade boosts economic growth and global cooperation. Instead, he had claimed that the focus on cheap imports has done harm to small towns.
30.03 / 18:11
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India, Chile to focus on upgrading PTA to CEPA during President Boric’s visit next week
preferential trade agreement (PTA) into a Comprehensive Economic Partnership Agreement (CEPA), making Chile the first Latin American country to have such a deal with New Delhi. Discussions on CEPA are expected to take place during Chilean President Gabriel Boric Font’s State Visit to India from April 1-5. He will be accompanied by a high-level delegation, including ministers, MPs, senior officials, business associations, media, and cultural representatives. The PTA between India and Chile was signed in 2006 and expanded in 2017. Officials are now looking at tariff and non-tariff barriers to boost trade between the two regions. The target is to double two-way commerce to $100 billion in the coming years. Key sectors for cooperation include automobiles, medical devices, and pharmaceuticals. Chile is India’s fifth-largest trading partner in Latin America. From April to December in FY25, India’s exports to Chile amounted to $860.26 million, mainly consisting of pharmaceuticals and vehicles. Imports were $2.07 billion, with ores, slag, ash, and copper being the primary inbound shipments. Indian trade organizations have been actively engaging with Chile through business summits and trade fairs in sectors such as pharma, apparel, handicrafts, and chemicals. An Indian mining delegation also visited Chile in April 2024 to explore collaboration opportunities in the mining sector.
30.03 / 18:11
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X faces widespread outage as users get affected globally
X (formerly Twitter) is currently experiencing a major outage, with thousands of users across the globe reporting issues accessing the platform. According to outage-tracking website Downdetector, more than 8,000 users in US have flagged problems, while the number of reports in India has crossed 400. Users are primarily facing difficulties with the X mobile app, with 61% of complaints related to app access in India. Others report trouble loading the website and server connectivity failures.
30.03 / 18:11
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Left hand doesn't know what the right is doing: JD Vance admits he was clueless about Donald Trump’s Greenland takeover plans, and still doesn’t know why he wants it
JD Vance spoke to US service members in Greenland about its importance to national security. He admitted he recently realized its strategic role. His visit followed President Donald Trump’s view that the US needs Greenland for security. The trip faced backlash from Greenland and Denmark.
30.03 / 16:35
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FPIs show strong buying momentum in Indian equities in the second half of March
Indian equities in March for the third consecutive month but there was a sharp deceleration in the outflow due to strong buying in the second fortnight of the month. They invested net Rs 26,042 crore ($3,037 million) in the second half of March, a sharp contrast to the outflow of Rs 30,015 crore ($3,438 million) in the first fortnight. As a result, net outflow for the full month reduced to Rs 3,973 crore ($401.2 million). The extent of investment by foreign investors in the coming months will depend upon several factors including the tariff stance by the Trump administration and its impact on global trade, attractiveness of the Indian economy relative to the US, which is facing recessionary pressure and the valuation comfort of the domestic equities.
30.03 / 16:35
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Greenland's prime minister says the US will not get the island
Greenland, Prime Minister Jens-Frederik Nielsen said on Sunday in a post on Facebook in response to Donald Trump's statements he wants to take control of the vast Arctic country. «President Trump says that the United States is getting Greenland. Let me be clear: The United States won't get that. We do not belong to anyone else. We determine our own future,» Nielsen said in the social media post. Trump on Saturday told NBC News he «absolutely» had real conversations about annexing the semi-autonomous Danish territory. «We'll get Greenland. Yeah, 100%,» Trump said, according to NBC. During a visit to a U.S. military base in the north of Greenland on Friday, U.S. Vice President JD Vance accused
30.03 / 15:31
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medicines
International
PM Modi announces 'Yoga for One Earth, One Health' as 2025 yoga day theme
International Day of Yoga and said the day had taken «the shape of a grand festival». The United Nations proclaimed June 21 as the International Day of Yoga with an aim to raise awareness worldwide of the many benefits of practising yoga. It was first celebrated in 2015. Sharing India's vision for a healthier world population in his monthly «Mann ki Baat» radio broadcast, Modi said, «The theme of yoga day, 2025, has been kept as 'Yoga for One Earth, One Health'. That is, we wish to make the whole world healthy through yoga.» The prime minister noted that, alongside fitness, keeping a count was also becoming a habit, citing examples of people keeping tabs on the number of steps taken, calories consumed and burnt in a day. «Amid all these counts, another countdown is about to begin. The countdown to the International Day of Yoga. Now, less than 100 days are left for yoga day. If you have not yet included yoga in your life, do it now. It is not too late yet,» he said. Noting the first International Day of Yoga was celebrated 10 years ago, Modi said, «Now this day has taken the shape of a grand festival of yoga. This is such a priceless gift from India to humanity, which is going to be very useful for future generations.»
30.03 / 15:31
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NYT Connections answers and hints Game #658, March 30, 2025: Solve today’s brain-teaser with this guide
From a surface perspective, the puzzle appears simple enough—merely dividing 16 words into four categories depending on a common thread. The catch, though, lies in the nature of these connections, varying as they do from broad idea to convoluted wordplay. For a gentle push in the right direction without actual spoilers, we give you hints and clues to assist in keeping your streak going.
30.03 / 15:31
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Trump says 'very angry, pissed off' with Putin
Trump said Sunday he was «very angry, pissed off» with Russian leader Vladimir Putin, NBC reported, marking a sharp change of tone as Washington seeks to end the war in Ukraine. NBC's Kristen Welker said Trump had called her to express his anger over Putin questioning Ukrainian President Volodymyr Zelensky's future as a leader — something that Trump himself has done. Welker, on her NBC show «Meet The Press» on Sunday, quoted directly from an early-morning telephone conversation with the president. Trump said that «if Russia and I are unable to make a deal on stopping the bloodshed in Ukraine, and if I think it was Russia's fault» then he would impose «secondary tariffs on all oil coming out of Russia.» Welker said Trump told her «I was very angry, pissed off» when Putin started making comments about Zelensky's credibility and talking about new leadership in Ukraine.
30.03 / 15:31
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Trump threatens secondary tariffs on Russian oil if unable to make deal on Ukraine
secondary tariffs of 25% to 50% on all Russian oil if he feels Moscow is blocking his efforts to end the war in Ukraine, and they could start within a month if there is no ceasefire. Trump told NBC News he was angry and «pissed off» when Russian President Vladimir Putin criticized the credibility of Ukrainian President Volodymyr Zelenskiy's leadership, NBC reported. Trump told NBC News by phone that he planned to speak with Putin this week. During his 2024 presidential campaign, Trump promised repeatedly to end what he calls a «ridiculous» war in Ukraine, and he has focused heavily on the issue since taking office on January 20. Trump himself has called for new elections in Ukraine and falsely called Zelenskiy a dictator. Putin on Friday suggested Ukraine could be placed under a form of temporary administration to allow for new elections and the signature of key accords, which could effectively push out Zelenskiy.
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