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Donald Trump slapped tariffs on goods from three major trade partners at the weekend.

Subscribe to enjoy similar stories. The Centre’s India AI Mission, which seeks to bring India up to speed with the US, China and the rest of the world in artificial intelligence (AI), could be pivotal for India to avoid repeating the mistakes it made with semiconductor and mobile phone manufacturing, industry veterans told Mint.

Subscribe to enjoy similar stories. India is charting an ambitious course toward its vision of a $30-trillion economy by 2047. To realize this, India must sustain double-digit growth over the next two decades.

A prolonged trade war with the United States can “severely impact” jobs and businesses on both sides of the border and will have “no winners,” says the head of Canada’s largest bank, calling on Canadians to unite behind a long-term economic plan to help boost the country’s struggling productivity levels.

Subscribe to enjoy similar stories. The government has just presented the first full-year budget of its third term, marking a significant milestone in its economic agenda. This budget stands out for a deft tightrope walk, navigating the complex challenges posed by an uncertain global environment while ensuring that India’s growth remains strong.

Subscribe to enjoy similar stories. The budget this year came in the background of an economic slowdown led by weak urban consumption and lower government capex. Hence, finance minister (FM) Nirmala Sitharaman was expected to stimulate growth while continuing on the path of fiscal consolidation.

Canada hits back against U.S. President Donald Trump‘s tariffs with counter-tariffs worth $155 billion, American liquor and wine may be one of the first things to disappear from shelves.Many targeted American liquor — with the premiers of Ontario, B.C. and Nova Scotia announcing plans to pull most, if not all, products from the U.S.

Atul Lall, VC & MD, Dixon Tech, says the Budget is positive for the electronics industry. They had sought simplifying the duty structure for IFPD, and that has been achieved. Lall believes this will greatly boost IFPD manufacturing. Additionally, they had requested the reduction or elimination of certain duties on mobile components from 2.5% to 0%, and that has also been accomplished. They have lowered the duty on inputs for open cells, and agreed to requests on the deregulation front, all of which is beneficial for companies like Dixon. What is your take on the Budget? Atul Lall: For the electronics industry, the Budget is positive. There were certain specific asks from the industry. One was on rationalisation of the duty structure for IFPD, and that has been done. What we asked for, thankfully, was addressed completely in the same format.

trading session for the Union Budget and ultimately closed flat. In today's trade, shares of Power Grid, Divi's Labs, RIL, ITC, Anant Raj among others will be in focus due to various news developments and third quarter results. Power Grid, Divi's Labs, General Insurance Corp, Tata Chemicals Shares of Power Grid, Divi's Labs, General Insurance Corp and Tata Chemicals will be in focus as the companies will announce their quarterly results today.

Subscribe to enjoy similar stories. Naveen Jindal, chairman of India’s fourth-largest steelmaker Jindal Steel and Power Ltd (JSPL), is building a private steel empire abroad, one that could match the size of his listed Indian company in future. Over the past five years, Jindal has built an end-to-end steel business with assets across Europe, the Middle East and Africa.

Subscribe to enjoy similar stories. New Delhi: India is preparing an action plan to steer clear of a potential trade war with the US, two people aware of the matter said. The development comes in the backdrop of a tariff war erupting between the US and Mexico, Canada and China, with tariffs and retaliatory tariffs being traded blow for blow.

Subscribe to enjoy similar stories. Larsen & Toubro Ltd’s (L&T) shares fell 3% on Saturday, pretty much wiping away the gains it saw the previous day in reaction to the December quarter results (Q3FY25). Positives of Q3 aside, some part of the stock upmove was in anticipation that capital expenditure (capex) allotment could be higher in budget 2025.

capital expenditure. While analysts debate whether this shift is a temporary adjustment or a broader paradigm change, several sectors including agriculture, capital goods, cement, consumer, financials, telecom, and utilities are poised to benefit from the measures in the budget. Here is a sector-wise breakdown of how they stand to gain:

Subscribe to enjoy similar stories. New Delhi: The exemption of import duties on components required for making open cells—a key part of LED televisions—has divided India’s nearly-$10-billion TV industry.

economic growth, international trade expert and Hi-Tech Gears Chairman Deep Kapuria said on Sunday. He said that the focus on agriculture will help in raising farmers' income and give a big boost to rural demand.

Donald Trump has imposed fresh tariffs on imports from Canada, Mexico, and China, escalating economic tensions and prompting retaliatory measures from North American allies.

Girish Tanti, Vice Chairman, Suzlon said by strengthening Aatmanirbhar Bharat across manufacturing and agriculture, with a focus on clean tech, wind, solar, EV, and battery storage, the budget aims to accelerate self-reliance in wind and solar manufacturing.

Subscribe to enjoy similar stories. Finance minister Nirmala Sitharaman has presented a strong Union budget for 2025-26. It comes at a time of high uncertainty linked to global events, slowing domestic demand and a challenging fiscal outlook.

Subscribe to enjoy similar stories. The Union Budget for 2025-26 will be known for several path breaking measures, and in a true sense, it's a people's budget. The budget has announced significant measures for manufacturing, MSMEs, employment, regulatory reforms, strategic areas like ship-building, nuclear and many more, thereby accelerating our journey towards Viksit Bharat.

Subscribe to enjoy similar stories. Two weeks into his second term, US president Donald Trump kept his word and slapped tariffs on imports from Canada, Mexico and China on 1 February. Mint looks at the fallout from this move on the affected nations and rest of the world.