Reports Financial News

US stock market has started witnessing a chaos. President Donald Trump's big raise in tariffs has triggered an escalating trade war and sent global markets plummeting. The S&P 500 fell 6 per cent on Friday, the Dow Jones Industrial Average plunged 5.5 per cent and the Nasdaq composite dropped 5.8 per cent. Wall Street went into free fall, following similar collapses in Asia and Europe. For a second straight day, markets plunged, wiping vast sums off investment and retirement portfolios alike. US Federal Reserve Chairman Jerome Powell warned the tariffs were likely to spur «higher inflation and lower growth», as per an AFP report. Losses in US financial markets were estimated at more than $6 trillion since Trump unveiled his «Liberation Day» tariffs. Trump, who unveiled his barrage of import duties against dozens of countries Wednesday, was unrepentant, posting that «my policies will never change,» AFP reported. «This is a great time to get rich,» he wrote.

The changes, introduced by the National Association of Realtors (NAR), have sparked debates over their impact on transparency, competition, and fair housing practices.

US president Donald Trump has posted claims by some of his supporters that indicate his economic moves are to intentionally crash the stock market, one ally referred to it as «a wild chess move,» within his «genius» economic strategy, reported LA Times.

ghost job openings"—positions advertised by companies with no real intention to hire. And now, thanks to one insider’s chat with HR, we may finally understand why.

Donald Trump has unveiled his latest tariffs, and they could have significant implications for your wallet, as per a report. President Trump's sweeping new tariffs, on top of previous levies and retaliation worldwide, are expected to increase prices for everyday items. The trade wars have already roiled financial markets and plunged businesses into uncertainty — all while economists warn of potentially weakened economic growth and heightened inequality, AP reported. Which impacts will be felt by consumers and workers first? And what can households do in the face of so much uncertainty? Here's what you need to know: Which consumer goods will be affected? The tariffs announced by Trump Wednesday, on top of other levies that are already in effect, tax imports from nearly all of America's trading partners. And U.S. shoppers currently rely on a lot of goods made abroad, as per a report.

The worldwide sell-off for financial markets slammed into a higher, scarier gear

KP Sharma Oli has said the meeting with Indian Prime Minister Narendra Modi on the sidelines of the BIMSTEC Summit in Thailand's Bangkok was «fruitful and progressive.» Addressing a press conference after landing back in Kathmandu on Saturday afternoon, the Nepali Prime Minister said that a commitment has been established between the two counterparts to take the relationship to newer heights. «We (both the Prime Ministers) have made the commitment that the Nepal-India relation will be taken to new heights, further deepening it, covering wider aspects and solve the problems that arise over the time. It is common that neighbours will encounter problems and it is resolved through dialogue, we both are convinced about it. The meeting went very well and I am very happy and consider it as fruitful for both the countries. While talking about him (Indian Prime Minister), I also understand that he is happy with the meeting, which I decode from the talks with him,» Oli said in the press briefing at the VVIP lounge of Tribhuvan International Airport.

Indian seafood exports will face significant pressure following the imposition of the US reciprocal tariffs, according to a study by the industry body FICCI. India's exports of fish, meat, and processed seafood are valued at US USD 2.58 billion with six product categories--Frozen Shrimp, Frozen Fish, Fish Meal and Fish Feed, Frozen Squid, Surimi & Analogue Products, and Frozen Cuttlefish--accounting for 94 per cent of total export value. US is India's largest seafood export market, holding a 34.5 per cent share of total export value. Frozen shrimp dominates, contributing 91.9 per cent of the export value (USD 2.34 billion) and 90.4 per cent of the volume (2.97 lakh tonnes). «Indian seafood exports will face significant pressure following the imposition of the US reciprocal tariffs,» the study said. India competes with countries like Canada, Ecuador, Indonesia and Vietnam in these categories. Other Latin American countries also compete in the market.

US stock market has slipped into its worst crisis since Covid as bear market fear sets in Wall Street investors. Nasdaq composite dropped 5.8 per cent, Dow Jones Industrial Average plunged 5.5 per cent, and S&P 500 fell 6 per cent. The losses came after China matched President Donald Trump’s big raise in tariffs announced earlier this week. Not even a better-than-expected report on the U.S. job market was enough to stop worries about the escalating trade war possibly causing a recession. The head of the Federal Reserve also warned about how tariffs can push up on inflation. On Friday, S&P 500 fell 322.44 points to 5,074.08, Dow Jones Industrial Average dropped 2,231.07 points to 38,314.86, and Nasdaq composite sank 962.82 points to 15,587.79. Russell 2000 index of smaller companies fell 83.51 points, or 4.4 per cent, to 1,827.03. For the week, S&P 500 is down 506.86 points, or 9.1 per cent, Dow is down 3,269.04 points, or 7.9 per cent, Nasdaq is down 1,735.20 points, or 10 per cent, and Russell 2000 is down 196.24 points, or 9.7 per cent. For the year, S&P 500 is down 807.55 points, or 13.7 per cent, Dow is down 4,229.36 points, or 9.9 per cent, Nasdaq is down 3,723.01 points, or 19.3 per cent, and Russell 2000 is down 403.13 points, or 18.1 per cent.

N Biren Singh and the National People’s Party (NPP) is getting wider. The NPP President Yumnam Joykumar Singh had blamed the Biren government for letting Meitei radical group Arambai Tenggol attack Kuki people. Several protesters attempted to storm the residence of National People’s Party (NPP) Manipur unit president Yumnam Joykumar Singh on Friday, demanding an apology over his recent remarks on Meitei organisation Arambai Tenggol. The protesters tried to force their way into Joykumar’s home in Naoremthong but were stopped by police deployed in the area. The protests were triggered by a post on X, in which Joykumar had written, “Biren Ji misjudged the Kuki-Meitei conflict’s roots… Why did his government allow massive rallies, withdraw commandos from Churachandpur, and let groups like Arambai Tenggol attack Kukis?” After meeting the women group Joykumar told reporters that the issue stemmed from a “slight misunderstanding” and confirmed that Arambai Tenggol’s name had been removed from the original post. However, he refused to tender a public apology. Former Manipur chief minister N Biren Singh had recently asked Meghalaya chief minister Conrad Sangma not to interfere in the internal matters of Manipur. Biren said that P.A. Sangma, the former Union Minister and Lok Sabha Speaker, had advocated a dangerous idea of breaking the northeast into smaller states along ethnic lines.

Among those ousted were its director, Dr. John Howard, who had been in the job through three previous presidential administrations, AP reported. The layoffs are stalling — and perhaps ending — many programmes, including a firefighter cancer registry and a lab that is key to certifying respirators for many industries, as per the report. The cuts are «a very pointed attack on workers in this country», said Micah Niemeier-Walsh, vice president of the union local representing NIOSH employees in Cincinnati. Unions that represent miners, nurses, flight attendants and other professions have criticized the cuts, saying it will slow the identification and prevention of workplace dangers. Rallies in Cincinnati and other cities drew not only fired CDC employees but also members of unions representing teachers, postal workers and bricklayers, Niemeier-Walsh said.

Warren Buffett, the legendary investor and Berkshire Hathaway CEO, complimented Trump's economic policies, as per Fortune.

War 2 and Rajinikanth’s Coolie. The news of a potential showdown between the films came after the release date of Coolie was confirmed by the makers. Earlier, a three-way clash was reported between War 2, Coolie and Sunny Deol’s Partition drama Lahore: 1947. Now, the historical film will likely be released in June, making it a fight between Coolie and War 2.

Subscribe to enjoy similar stories. Srinagar: Spring in Kashmir once brought the scent of pine sap and damp earth, the hush of melting snow, and the quiet rustle of footsteps combing the forest floor for a delicacy that blooms like a secret. The Gucchi mushroom—spongy, ridged, and among the world’s most expensive fungi—has long drawn foragers into the Himalayan woods, where it grows wild under deodar and pine.

Delhi court has directed Tihar Jail authorities to respond to a startling allegation from Christian Michel James — the British national accused of being a middleman in the AgustaWestland VVIP helicopter case. Michel, currently held in Tihar Jail, has claimed there were attempts to poison him inside the prison in 2019. In an application moved before the court, he requested heightened security measures, citing an ongoing threat to his life, as reported by TOI. Special Judge Sanjeev Aggarwal took the allegation seriously and ordered the Director General of Tihar Prisons to submit a detailed report. “A report be also called from the DG (Prisons), Tihar Jail on the above application of accused No 35 (James)… with directions to file a status report as to what action was taken with regard to the allegations made by the aforesaid accused… regarding the alleged attempts on his life on dates mentioned in the said application by way of poisoning,” the judge said, as reported by TOI. The court has asked for the report to be filed by 16 April.

Tata Motors has announced that it will convene a meeting of its equity shareholders on May 6, to vote on a proposed Composite Scheme of Arrangement involving the reorganization of its commercial and passenger vehicle businesses. “We hereby wish to inform that pursuant to the Order dated March 25, 2025, (“Order”) the Hon’ble National Company Law Tribunal, Mumbai Bench (“NCLT”) in the Company Scheme Application No. C.A.(CAA)/61/MB/2025, Meeting of the Equity Shareholders of Tata Motors Limited (“the Company”) is scheduled to be held on Tuesday, May 6, 2025 at 3.00 p.m (IST),” Tata Motors said in an exchange filing.

Mohanlal’s L2: Empuraan has been marching towards success since its release on March 27, setting record after record. Directed by Prithviraj Sukumaran, the film has collected over Rs 100 crore (gross) at the Indian box office, becoming only the fourth Malayalam movie to achieve this feat. The movie is also inching closer to Manjummel Boys’ global box office total to be the biggest Malayalam grosser of all time, as per industry tracker Sacnlik. Manjummel Boys had grossed Rs 241 crore worldwide. Empuraan has earned Rs 236 crore till date and is likely to overtake Manjummel Boys soon.

While some items may seem niche or indulgent, they’re part of daily routines and cultural habits that touch millions of households. And the costs are set to climb.

CSK has suffered back-to-back losses — including their heaviest-ever defeat at Chepauk against Royal Challengers Bengaluru (RCB) and a narrow miss against Rajasthan Royals (RR). With the team returning home this Saturday, they'll be hoping to turn things around at their fortress. However, concerns linger over captain Ruturaj Gaikwad’s fitness after he sustained an injury in the previous game. Should he be unavailable, veteran MS Dhoni is expected to take over the captaincy reins once again. Frustration has also been building within the CSK camp regarding pitch conditions. Following the RCB loss, head coach Stephen Fleming was seen inspecting the surface with the curator. He later voiced concerns about the Chepauk pitches, which have failed to offer the spin support CSK had banked on while assembling their squad. ALSO READ: MS Dhoni to return as CSK captain against Delhi Capitals? Shane Watson drops a big hint

Lucknow Super Giants head coach Justin Langer had the press room in splits after he unexpectedly answered a phone call during the post-match press conference, moments after his team’s 12-run victory over Mumbai Indians in the IPL. While responding to a question about injured pacer Mayank Yadav, Langer noticed a reporter's phone buzzing on the podium with “Mom” flashing on the screen. «Who's Maa?» he asked with a grin, then got the reporter’s nod before picking up the call. “Mom, it’s 12:08 AM, I’m at a press conference,” he said, triggering laughter across the room. Langer was clearly in a cheerful mood after LSG successfully defended 204 by restricting MI to 191/5 — a strong comeback after their previous defeat, and their second win in four matches.

The regional IMD center in Chennai alerted residents on Saturday, advising caution as weather conditions could cause waterlogging, slippery roads, and traffic disruptions in some areas. The IMD has forecast light to moderate rain in the Nilgiris, Coimbatore, Tiruppur, and Nagapattinam districts, as well as the Karaikal region. The weather department’s update, issued at 1:00 PM today, also includes expectations of rainfall in other districts such as Theni, Tenksasi, Ramanathapuram, and Kanyakumari.