Shock Financial News
04.04 / 19:19
04.04 / 17:29
markets
economy
Trade
performer
shock
Pharmaceuticals
D-Street stumbles as fresh tariff fear feeds into slowdown woes
Subscribe to enjoy similar stories. Mumbai: A spell of weakness in Asian markets spilled into Indian equities on Friday, sparking a sell-off that swept across sectors. Indian markets that averted a steep fall a day earlier plunged 1.5%, as fears of a US recession and its consequences grew.
04.04 / 13:09
JPMorgan
economy
Sustainability
President
country
reports
shock
After JPMorgan, Barclays, and BofA sound alarm on U.S recession following Donald Trump's stiff tariffs, here's what you need to know
Barclays, and Bank of America are sounding warnings over the prospect for a recession across the globe following US president Donald Trump's latest imposition of high tariffs, reported CNBC. JPMorgan said that if the tariffs remain imposed for long, it might lead the United States and the world into a recession, according to the report.
04.04 / 09:31
WhatsApp
Trade
President
War
country
shock
US tariffs to force quicker Fed, ECB rate cuts to support growth, says Nomura
European Central Bank could cut rates as soon as this month, Nomura said. U.S. President Donald Trump imposed sweeping tariffs on dozens of countries on Wednesday, which intensified the threat of a global trade war and fuelled fears of a global economic slowdown, or even a recession. The tariffs are «worse than feared», said Nomura, lowering its U.S. GDP growth estimate to 0.6% from 1.5%, on a quarterly basis, and hiking to 4.7% from 3.5% its forecast for year-end core PCE, the Fed's preferred inflation gauge. As a result, the brokerage expects the Fed to lower rates in December, taking the policy rate to 4.125%, followed by two more 25 bps cuts in the first quarter of 2026. It had previously expected the central bank to hold at 4.25%-4.5% until the second quarter of 2026.
04.04 / 03:15
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IPO
Trade
consequences
reports
shock
recommendations
Brace for another leg down: Another correction may be on horizon, warns Manishi Raychaudhuri
correction as concerns around high valuations, earnings downgrades, and macroeconomic uncertainties come to the forefront. According to Manishi Raychaudhuri, a prominent market strategist, the next couple of months could be challenging for investors as multiple headwinds converge, including the impact of global trade developments, sector-specific earnings pressures, and stretched market valuations. In an interaction with ETNow, Raychaudhuri said he expects the Indian market to correct in the short term, pointing to the upcoming result season and the likelihood of widespread earnings estimate downgrades across key sectors such as IT, consumer discretionary, industrials, and staples. He also flagged potential currency weakness and a rise in equity supply as additional short-term concerns that could weigh on market sentiment.
03.04 / 20:31
UPS
Strategy
Bill
2020
shock
Waqf Bill a brazen assault on Constitution: Sonia Gandhi
Sonia Gandhi termed the Waqf (Amendment) Bill as an assault on the Constitution and as part of BJP's polarisation plank. «Yesterday, the Waqf (Amendment) Bill was passed in the Lok Sabha and today (Thursday), it is scheduled to come up in the Rajya Sabha. The bill was in effect bulldozed through.
03.04 / 20:31
Research
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Inside
rock
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Relationships
Shock discovery: Scientists warn that city-destroying asteroid nearing Earth in 2032 is more massive than first estimated
Although safe for Earth, the Moon still poses a small impact threat.
03.04 / 18:49
markets
Fighting
economy
wellness
Trade
country
shock
Posthaste: The day after Trump's tariffs, 'everyone’s sinking, but the U.S. is going under first'
Canada and Mexico might have got off (relatively) easy on Donald Trump’s Liberation Day, but for the rest of the world the tariff blow was far worse than expected — and market reaction suggests the biggest loser could be the United States.
03.04 / 18:49
03.04 / 18:39
economy
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Celebrity
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Pharmaceuticals
Rahul Gandhi slams US tariffs, Govt's silence on China
Rahul Gandhi on Thursday raised the issue of reciprocal tariffs imposed by US President Donald Trump in the House on Thursday and said it will «completely devastate» the Indian economy. Gandhi raised the issue during Zero Hour and said, «Our ally has suddenly decided to impose a 26% tariff, which is going to completely devastate our economy — our auto industry, pharmaceutical industry, and agriculture are all in line.» Trump on Wednesday announced new reciprocal tariffs on several countries, including India, saying that the US has been «looted, pillaged, raped, plundered» by other nations. While the US announcement lists 26% as the tariff levied on India, other documents, including those received by the ministry, show that the rate is actually 27%. Gandhi also claimed that China had taken over 4,000 square kilometres of Indian territory and demanded answers from the government over these issues.
03.04 / 18:39
Remark
TikTok
performer
voice
shock
Videos
Toddler’s unexpected discovery: Mom horrified after finding him with grandpa’s ashes
toddler had done after she briefly stored some laundry items. A Lincoln resident named Natasha Emeny from the United Kingdom recorded the distressing event, which afterward became viral across TikTok. Her 1-year-old child, Koah, uncovered the ashes of her late grandfather while she was performing laundry duties, which sent her into a state of absolute shock.
03.04 / 18:33
UPS
economy
Trade
country
shock
International
Trump's tariffs: A reckless gamble or a necessary overhaul of trade?
And he belaboured global trade with them on Wednesday. Much of the planet is in shock. This includes penguins and seals who are the sole inhabitants of Heard and McDonald Islands, an Australian external territory near Antarctica, which has been slapped with a 10% tariff. India is mildly disappointed that its constructive and radical offer to Washington — zero-for-zero tariffs on 70% of manufactured goods — didn't give it a reprieve beyond pharma. But GoI has sensibly taken a 'Keep Calm and Carry On' attitude to what it has come to recognise is a period of geopolitical upheaval, as the US, Russia and China, in their separate ways, disorder the global order.
03.04 / 17:03
markets
UPS
Fallout
Trade
track
shock
Europe's Stoxx 600 falls 2.7% as investors grapple with tariff fallout
The pan-European STOXX 600 sank 2.7%, falling back to its lowest since January. German, Italian and French benchmarks closed over 3% lower, with Italian and French stocks seeing their worst fall in over two years.
03.04 / 15:57
COST
Target
economy
Bill
War
shock
Shot by both sides, the Eurozone faces recession threat
Subscribe to enjoy similar stories. The eurozone economy has never been far from recession over the three years since Russia’s invasion of Ukraine sent energy prices surging. It may finally be tipped over the edge by a fresh blow from another direction, as the Trump administration targets its exports.
03.04 / 07:49
UPS
Digital
security
shock
patient
Investigations
How hackers stole billions in crypto to keep North Korea’s regime afloat
Subscribe to enjoy similar stories. At 11:49 a.m. on July 18, North Korean hackers pounced on a major cryptocurrency exchange handling hundreds of millions of dollars.
03.04 / 00:53
markets
Digital
Action
Strategy
shock
Courts
International
Macrotech Developers accuses House of Abhinandan Lodha of forgery
Subscribe to enjoy similar stories. The Lodha versus battle rekindled on Wednesday, with Abhishek Lodha-led Macrotech Developers Ltd accusing entities owned by younger brother Abhinandan of forging documents to gain access to the prized brand name. The company alleged that certain entities related to House of Abhinandan Lodha (HoABL) had forged a board resolution and the signature and identity documents of one of Macrotech's directors three years ago.
02.04 / 15:55
Parke
Tesla
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track
shock
Videos
Tesla’s 360° cameras catch alleged Swastika-scratching vandal. Suspect claims, ‘I have something against Elon Musk' when confronted
Tesla owner in Pennsylvania got the shock of his life when he reviewed footage from his car’s built-in cameras—what he saw left him furious. The video showed a man casually stepping out of a silver Lexus in the parking lot of a Planet Fitness gym in Doylestown Borough. He crouched beside the Tesla, took out an object, and began scratching a symbol into the car’s paint. The act lasted mere seconds, but its impact was far more lasting. The symbol? A swastika. The suspect, later identified as 55-year-old Chadd Ritenbaugh, seemed to believe he could get away with his mischief unnoticed. He quickly stashed his tool, stood up, and walked into the gym as if nothing had happened. But he forgot one crucial detail—Tesla vehicles don’t just sit silently. Their sophisticated surveillance system records everything. Hours later, when the Tesla owner arrived home and checked the footage, the disturbing truth was right there on the screen. Infuriated, he turned to social media, determined to track down the culprit. And it didn’t take long.
02.04 / 10:55
Man
show
track
social
reports
shock
Videos
Viral Video: Man tries to board moving train with dog — what happens next will shock you
viral video showing a dog nearly being run over at a train station has sparked debate on social media. The incident occurred when a man, rushing to board his train, attempted to pull his dog onto the moving train. The dog struggled to jump, possibly due to fear or the speed of the situation. As the train moved, the dog lost its footing and fell onto the tracks. Eyewitnesses held their breath, fearing the worst. However, reports later confirmed that the dog managed to crawl beneath the train and emerge on the other side, unharmed. The owner also escaped without injury.
02.04 / 08:31
awards
Actor
reports
testing
shock
cricket
Sporting
Saif Ali Khan gets a shocking letter on BCCI's plans to end the Pataudi Trophy, named after his family? Sharmila Tagore reacts
BCCI and the England and Wales Cricket Board (ECB) are considering retiring the Pataudi Trophy, an esteemed prize awarded to the winner of the Test cricket series between India and England. The decision, yet to be finalized, has reportedly left veteran actor Sharmila Tagore deeply disappointed. The Pataudi Trophy was first introduced in 2007 to commemorate 75 years since the first Test match between India and England in 1932. Named in honor of legendary cricketer Mansoor Ali Khan Pataudi and his father, Iftikhar Ali Khan Pataudi, the trophy symbolizes the legacy of one of India's greatest cricketing families. Designed by renowned silver and goldsmith Jocelyn Burton, the trophy is a tribute to their immense contributions to the sport. Sharmila Tagore, wife of the late Mansoor Ali Khan Pataudi, expressed her sentiments after learning about the decision through her son, actor Saif Ali Khan. According to her, the ECB sent an official letter to Saif, informing him of the move. While she has not personally heard from the cricket boards, she believes it is up to the BCCI whether they choose to remember Tiger Pataudi’s legacy or not. In an interview to the Hindustan Times, she said, «If the BCCI wants to or does not want to remember Tiger’s (Mansoor Ali Khan) legacy, it is for them to decide.» Reports suggest she is ‘hurt’ by the development, as the trophy has been an enduring testament to her late husband’s impact on cricket.
02.04 / 05:13
markets
UPS
economy
wellness
Trade
country
shock
Global Growth at Risk? Jahangir Aziz weighs in on tariff impact
«If VAT tax is included in the reciprocal tariffs, then first of all the level of the tariffs obviously is going to be much higher and the countries that will be most affected are also going to be different,» says Jahangir Aziz, JPMorgan. Big night tonight for us here in India. The Trump administration is set to unveil the reciprocal tariffs. Tell me, will US reciprocal tariffs directly match other country tariffs or will the scope be wider you think? And which countries, according to you, are likely to get impacted the most? Jahangir Aziz: So, we are looking at various variations of this. So, one of them obviously is that it just matches the reciprocal tariffs, in which case the countries that will be most affected are countries like India and Brazil, who have very large tariffs differential with the US. But at the same time, there is a sense that the reciprocal tariffs will not just be about tariffs differential, but it will also include what the US administration calls non-tariff barriers.
02.04 / 03:09
markets
UPS
Fighting
Cycling
shock
Equality
Evolving with market: Kalpraj Dharamshi explains how investors must grow over time
Kalpraj Dharamshi, in a conversation with ETNow, shared candid insights on what it means to evolve as an investor over decades of market cycles. Reflecting on his journey that began in the mid-to-late 1980s, Dharamshi recounted key phases in the Indian markets and how they shaped his investment thinking. Speaking about his early years, he said, “So, since my investing journey began in late 80s… was largely consisting of a time period when stocks were available quite cheap. I bought a lot of stocks at 10%, 12% dividend yield.”
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