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energy stocks rallying on lower crude prices. Market sentiment also improved following U.S. President Donald Trump's temporary tariff reprieve on auto imports from Mexico and Canada. The benchmark BSE Sensex added 609.86 points or 0.83% to close at 74,340.09, while the broader Nifty 50 index closed at 22,544.70, higher by 207.40 points or 0.93%.

ALSO READ: 'Good luck Justin': Trump again mocks 'governor' Trudeau after 'somewhat friendly' 50-minute call

BEIJING — China has more room to act on fiscal policy amid domestic and external uncertainties, Finance Minister Lan Fo'an told reporters on Thursday.

Peter Schiff, Chief Economist and Global Strategist at Euro Pacific Capital, has accused U.S. President Donald Trump of orchestrating a massive “pump and dump” scheme involving cryptocurrencies. Schiff is now calling for a Congressional investigation into the matter, alleging that Trump’s recent statements on digital assets led to significant market manipulation. In a strongly worded post on X (formerly Twitter), Schiff claimed that Trump, whom he labeled as the “first crypto President,” played a role in what he described as the “biggest crypto rug pull of all time.”

Subscribe to enjoy similar stories. Early indicators suggest the US economy is slowing even as US President Donald Trump’s additional import tariffs on China, Canada and Brazil kicked in on Tuesday. Trump also paused military aid to Ukraine on 4 March following a televised clash with Ukrainian President Volodymyr Zelenskiy at the Oval office last week.

Subscribe to enjoy similar stories. The Smoot-Hawley Tariff Act of 1930 is blamed for deepening the Great Depression. Don’t tell that to the Trump administration, which just unveiled the toughest tariffs in almost a century.

Bitcoin and other major cryptocurrencies slumped on Tuesday as investor optimism over a proposed US Crypto Strategic Reserve faded. The decline also came amid escalating trade tensions, with US President Donald Trump confirming tariffs on Canada, Mexico, and China would take effect within hours. Investors turned risk-averse after Trump announced that 25% tariffs on Canada and Mexico, along with a doubling of China levies to 20%, would be implemented from 05:01 GMT on Tuesday. Market concerns were further fueled by signs of economic strain, with U.S. factory gate prices hitting a nearly three-year high and supply chain disruptions intensifying.

Donald Trump’s threatened reciprocal levies that could upend bilateral and global trade. “Our relations with the US are probably the best they have been,” India’s External Affairs Minister Subrahmanyam Jaishankar said Wednesday at Chatham House — a London-based independent policy institute. India’s trade minister is holding conversations with his US counterparts, the minister said. Trump told a joint session of the US Congress on Wednesday that many nations, including India, set tariff rates too high and reiterated they will be hit by reciprocal levies that take effect from April 2.

crude oil prices has fueled a rally in state-run oil marketing companies (OMCs), with stocks gaining up to 16% over four consecutive sessions. Investors are optimistic that lower crude prices will boost OMC margins, but several headwinds persist, including higher crude oil imports from the US, LPG under-recoveries, and a depreciating rupee. The crude prices are currently at a 3-year low and Brent has slipped below the $70/ bbl mark while the US WTI is hovering around $66/bbl.

Subscribe to enjoy similar stories. Soon after Donald Trump won the presidential election in November, Xi Jinping asked his aides to urgently analyze the Cold War rivalry between the United States and the Soviet Union. His concern, according to people who consult with senior Chinese officials, was that as President Trump gears up for a showdown with Beijing, China could get isolated like Moscow during that era.

Trump administration has suspended the use of military aircraft for deporting migrants, citing high costs and inefficiencies, according to defense officials, as reported by Wall street journal. The last such flight took place on March 1, and no further flights are currently scheduled, officials confirmed. Initially implemented as part of President Donald Trump's hardline immigration policies, the use of military flights was intended to send a strong message regarding the administration’s crackdown on illegal immigration. Defense Secretary Pete Hegseth previously stated, “The message is clear: If you break the law, if you are a criminal, you can find your way at Guantanamo Bay… You don’t want to be at Guantanamo Bay.” ALSO READ: OPT and H-1B changes: Indian students face uncertainty as US immigration policy debate heats up

Subscribe to enjoy similar stories. India's top B-schools, including Indian Institute of Management-Ahmedabad (IIM-A), are betting on external coaches and counsellors to help students ace the placements at a time when the job market has turned uncertain amid a slowing economy, set to be exacerbated by a trade war unleashed by US president Donald Trump.

Sensex and Nifty, opened higher for the second consecutive session on Thursday, driven by gains in auto, financial, and metal stocks. The rally followed US President Donald Trump's temporary tariff reprieve on automobile imports from Mexico and Canada. The BSE Sensex climbed 299 points (0.41%) to 74,032, while the Nifty50 advanced 99 points (0.44%) to 22,436 around 9:20 am.

President Donald Trump is drafting an executive order that would also establish a Maritime Security Trust Fund as a dedicated funding source and create shipbuilding incentives through the use of tax credits, grants and loans, according to a draft fact sheet of the 18-point plan. «The White House is standing up an office at the National Security Council to lead a whole-of-government effort to strengthen the maritime industrial base,» the document said, following Trump's announcement of the plans during an address to Congress on Tuesday.

BEIJING — The undercurrent of China's annual parliamentary meetings this week is U.S. trade tensions — and how Chinese technology is offsetting that pressure.

oversold market after early indications that the US may soften its stance on trade tariffs. The NSE Nifty gained 1.15%, or 254 points, to finish at 22,337. The BSE Sensex rose 1.01%, or 740 points, to close at 73,730.

UK intelligence agencies and military units have been instructed to stop sharing US-generated intelligence, previously labeled as 'Rel UKR' (Releasable to Ukraine). This intelligence has been crucial for Ukraine since the conflict with Russia began three years ago, with the UK and other Western allies like Australia and New Zealand regularly sharing it to support Kyiv's defense efforts, according to a Daily Mail report.

Karoline Leavitt, 27, made history by becoming the youngest White House Press Secretary's office under Donald Trump. Her appointment did not only show her rapid political ascent but also brought attention to her personal life. Notably, on her marriage to real estate developer Nicholas Riccio, who is 32 years her senior.

Prime Minister Justin Trudeau is not open to lifting Canada’s full package of retaliatory tariffs if United States President Donald Trump leaves any tariffs on Canada in place, according to a senior Canadian government official.

Howard Lutnick is claiming that the US President may begin a rollback on his decision soon, and now this uncertainty has created some confusion within US consumers as well as Wall Street, according to a Fortune report.

Canada enters day two of a tariff war with the United States with a glimmer of hope south of border.