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Samajwadi Party chief Akhilesh Yadav on Saturday said it is very important to pay attention to the slump of India's markets as common people are losing their money and this could cause the economy to sink. In a post on X in Hindi, the former Uttar Pradesh chief minister held the central government responsible for this «double vicious circle» of the economy. Indian markets plunged on Friday after US President Donald Trump announced sweeping reciprocal tariffs, including 27 per cent on India, to reduce the trade deficit and boost domestic manufacturing. «It is very important to pay attention to the loss of millions of crores in the country's stock market because the savings and capital of the common people, who have some extra money to invest and with which they buy goods or services and vehicles and land, is being lost. »These are the things that keep the wheel of buying and selling moving in the market and also the economy. If the money of the common people is lost in the stock market, then both the market and the economy sink," Yadav said in his post. Investors' wealth dropped by Rs 10 lakh crore on Friday as the BSE Sensex slumped over 900 points to crash below the 76,000 level due to an across-the-board sell-off, tracking weak global markets amid growing global trade war fears.

Nissan Motor said on Thursday it will not take new orders from the U.S. for two Mexican-built Infiniti SUVs, following auto tariffs levied by President Donald Trump, in a drastic scale-back of its operations at a joint venture plant. The Japanese automaker said it would now maintain two shifts of production of the Rogue SUV at its Smyrna, Tennessee, plant after announcing in January it would end one of the two shifts this month. Nissan will not accept any additional orders of the Infiniti QX50 and QX55 SUVs for the U.S. market produced at the COMPAS plant it has run together with Mercedes-Benz in Mexico. Nissan said production is expected to continue for those models sold in other markets. It remained unclear how much of the production is sold in other markets. The two Infiniti models have only been exported from Mexico to the U.S., according to data from Mexico's national statistics agency. A Japan-based Nissan spokesperson said on Saturday the models are produced for and exported to markets such as Mexico, Panama, the Middle East and Canada, without providing details on its production plans for the vehicles.

Joel Kaplan, Meta’s chief global affairs officer, shared the news on X, stating, “By Monday afternoon, our fact-checking program in the US will be officially over. That means no new fact checks and no fact checkers.” He added, “In place of fact checks, the first Community Notes will start appearing gradually across Facebook, Threads & Instagram, with no penalties attached.”

Warren Buffett wants the world to know: he’s not cheering Donald Trump’s tariff spree. And he hasn’t said a word about it—despite what viral videos and presidential posts might suggest. Berkshire Hathaway issued a rare public statement on Friday, flatly denying that Buffett ever praised Trump’s recent economic measures. “There are reports currently circulating on social media (including Twitter, Facebook and TikTok) regarding comments allegedly made by Warren E. Buffett. All such reports are false,” the company said. The clarification came hours after US President Donald Trump shared a video on Truth Social claiming Buffett had declared Trump was making “the best economic moves he’s seen in over 50 years.” The video, originally posted by an Instagram user called «AmericanPapaBear,» suggested Trump was “crashing” the stock market on purpose to make equities cheaper for the middle class. Trump’s repost came just as global markets were convulsing in response to his new tariffs.

Donald Trump’s tariff tantrums on April 2, are now nursing their wounds. The Nifty Pharma index tumbled 4% on Friday, slamming the brakes on a relief rally that lasted less than 24 hours. Investors who had rushed into stocks like Laurus Labs, Aurobindo Pharma, Lupin, Biocon, Gland Pharma and Cipla watched them fall between 5% and 7% in a single session. The shock came courtesy of Trump’s chilling declaration: Pharma tariffs are “going to be starting to come in… at a level that you haven't really seen before.” The announcement, he said, is “under review right now” and will be made “in the near future.”

Global investors have yearned for clarity over U.S. President Donald Trump's tariffs, but now they have it, they don't much like what they see. As part of his «Liberation Day» on April 2, Trump slapped hefty tariffs on major trading partners, plunging markets into turmoil, just as investors parse through the first new quarterly earnings, along with Chinese inflation data, waiting for the rest of the world to respond.

Donald Trump altering global trade structures. India bore some of the pain with higher-than-anticipated tariffs. The broader market showed a mixed trend with 23 smallcap stocks falling in double-digits. But at the same time 54 of them saw double-digit gains. On the losers side, Pokarna, Garware Hi-Tech Films and Avanti Feeds fell up 34% during the week. On the other hand, NACL Industries, Valiant Organics, Hester Biosciences rose up to 42%.

trade war spurred the biggest losses since the pandemic. The Dow Jones Industrial Average, S&P 500 and the Nasdaq Composite posted their largest two-day declines since the emerging coronavirus caused global panic during U.S. President Donald Trump's first term. For Thursday and Friday, the Dow was down 9.3%, the S&P 500 10.5% and the Nasdaq 11.4%.

trade tariffs, industrialist Anand Mahindra believes India is being overlooked — and that could be a big mistake. On Wednesday, U.S. President Donald Trump announced sweeping reciprocal tariffs on global trade partners, including a 34% duty on Chinese goods. In response, China hit back with a 34% tariff on all imports from the U.S., escalating fears of a prolonged trade war. While the spotlight has largely remained on China, the U.S. also slapped a 26% reciprocal tariff on Indian goods, citing high import duties imposed by New Delhi. Amid this global shake-up, Mahindra sees an opening for India. Taking to X, the Mahindra Group Chairman said that while most global forums are focused on how China may benefit or retaliate, India remains a “non-topic of discussion." However, he argued that India is poised to become the world’s third-largest economy and, as the world’s largest democracy, is uniquely positioned thanks to its vast domestic consumption and strong supply chains. Mahindra also called for a “measured reaction” to tariffs, urging India to adopt smart policies that help it emerge as the world’s most reliable economic partner — and a key pillar in a new, multipolar global order.

U.S. Senate began an overnight "vote-a-rama" marathon on Friday aimed at eventually handing Republican President Donald Trump sweeping legislation to extend tax cuts and achieve budget reductions in the face of staunch Democratic opposition. Republicans and Democrats were due to vote on dozens of amendments aimed at altering a budget framework for Trump's tax, border, immigration and military agenda, with a vote to pass the resolution expected in the pre-dawn hours of Saturday. Congress needs to pass the budget resolution to unlock a fast-track procedure to circumvent Democratic roadblocks and enact Trump's legislation in the months ahead. If the Senate approves the measure, it will move to the House of Representatives for consideration next week. Trump is pushing hard for Republicans, who narrowly control both chambers, to hand him what he calls «one big beautiful bill» that also would pay for additional resources for securing the U.S. border with Mexico, deporting immigrants and bolstering the military. Some Republicans said the path forward for Trump's agenda could be complicated by recession worries if financial markets continue to reel over the president's tariff policy.

Subscribe to enjoy similar stories. IF YOU failed to spot America being “looted, pillaged, raped and plundered by nations near and far" or it being cruelly denied a “turn to prosper", then congratulations: you have a firmer grip on reality than the president of the United States. It’s hard to know which is more unsettling: that the leader of the free world could spout complete drivel about its most successful and admired economy.

Subscribe to enjoy similar stories. US President Donald Trump announced sweeping reciprocal tariffs on nearly all US trade partners on Wednesday, including a 26% tariff on India. Meanwhile, the government offered another lifeline to debt-ridden Vodafone Idea by converting some of the company's dues into equity.

Indian equities were swamped by a wave of selling that swept riskier assets globally on Friday, tracking Wall Street's overnight slump-the worst since 2020-in response to US President Donald Trump's reciprocal tariff regime that has led to fears about a global downturn. NSE Nifty fell 1.5%, or 345.65 points, to finish at 22,904.45. BSE Sensex dropped 1.2%, or 930.67 points, to 75,364.69. The slump wiped out ₹10 lakh crore in market value Friday.

Of the 12 aircraft sorties, nine crossed the median line of the Taiwan Strait and entered Taiwan's southwestern and eastern Air Defense Identification Zones (ADIZ). In a post on X, the MND wrote, «12 sorties of PLA aircraft and 6 PLAN vessels operating around Taiwan were detected up until 6 a.m. (UTC+8) today.» It added, «9 out of 12 sorties crossed the median line and entered Taiwan's southwestern and eastern ADIZ. We have monitored the situation and responded accordingly.»

Subscribe to enjoy similar stories. New Delhi: In the immediate aftermath of the new US tariffs, India’s response has been twofold: to seek new opportunities in the changing world order, and re-evaluate its manufacturing strategy.

JPMorgan has raised its estimate of a US recession occurring before the end of the year. The bank now sees a 60% probability, up from its previous 40% estimate. The increase follows President Donald Trump’s announcement of new tariffs. These tariffs impact global markets and business conditions.

Laurence Fishburne, best known for his iconic portrayal of Morpheus in The Matrix trilogy, has shared candid thoughts on why he was missing from The Matrix Resurrections. The 2021 sequel of the Matrix franchise excluded Fishburne during its release period, although he remained a prominent figure in previous films of the franchise. He described that the offer never reached him, even though he was ready to bring back Morpheus while waiting for the chance to return.

Volkswagen, the German automaker, has told its car dealers that it plans to add an import fee later this month to the price of imported cars sold in the United States. The company's move is one of the first and clearest examples of automakers using price increases to deal with the 25% tariffs President Donald Trump imposed on car and auto parts imports. The tariffs on vehicles went into effect Thursday, and the levies on parts will become effective May 3. In a Tuesday memo to dealers, Volkswagen said that the exact fees would be determined by the middle of April. The New York Times reviewed a copy of the memo. The automaker also told dealers it planned to cut back on sales incentives and had halted rail shipments of cars to the United States from its plants in Mexico, although shipments by sea continue. Volkswagen plans to hold cars that are subject to the tariffs in port for «the near term.» It also told dealers that the price of the Volkswagen Atlas sport utility vehicle, which is made in Chattanooga, Tennessee, could be affected by the tariffs because it includes important imported components. The extent of the impact most likely will not be known until May, the memo said. The automaker, including its Audi and Porsche brands, imports almost all the cars it sells in the United States. Besides the Atlas, Volkswagen also assembles the ID.4 electric sport-utility vehicle in Tennessee.

Donald Trump arrived in Miami for a weekend of golf and appearances. Even though Marine One experienced an unanticipated delay when it appeared that it had two flat tyres at Miami International Airport, President Trump arrived at his Doral golf resort Thursday afternoon for a LIV Golf event, as quoted in a report by CBS News. President Trump planned a weekend of speeches and golf, including time at Mar-a-Lago. Local officials warned drivers about traffic delays near the resort. ALSO READ: White House grounds off-limits as anti-Trump protests loom, forcing postponement of iconic garden tours

Donald Trump antagonised world leaders across the globe with his most extensive set of tariffs yet, he was scheduled to fly to Florida and potentially see the one leader he has called his «favourite president». That leader, President Javier Milei of Argentina, had flown overnight to receive an award Thursday at a right-wing gala at Mar-a-Lago. Trump was scheduled to also be there late Thursday — Milei said Trump would receive an award, too — and Milei said he hoped the two would meet. It was Milei's 10th trip to the US in 15 months as president, and nearly every time, he has met Trump or Elon Musk. Trump has posited that he is reshuffling US foreign policy strictly around what is good for the United States. So what can be puzzling about his elevation of Argentina to the front row of America's allies — Milei and Italian Prime Minister Giorgia Meloni were the only world leaders onstage at Trump's inauguration — is that the chronically distressed South American nation is not particularly important as an economic or geopolitical partner. Instead, through Milei, Argentina has offered Trump something else he appears to crave: adoration. «I love him because he loves Trump,» Trump said of Milei in a speech last year. «Anybody that loves me, I like them.»

Bitcoin prices ticked up Friday, reversing a slide that began when new tariffs were unveiled earlier this week.