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Economy and foreign ministers of Japan and Britain agreed Friday to promote free and open international trade at their first “two-plus-two” dialogue on economy held in Tokyo amid growing concern about U.S. President Donald Trump’s tariff threats

United States officials are searching across oceans to find enough eggs to ease a shortage that’s sent prices soaring, forcing grocery stores to limit customer purchases and restaurants to add surcharges.

The uncertainty around tariffs and poor winter weather are to blame for Canada’s hiring slowdown in February, economists say, and that likely means more interest rate cuts by the Bank of Canada.

The 20% to 25% tariffs have triggered retaliatory actions from affected nations, increasing economic uncertainty. The Tax Foundation estimates that these measures could push the average U.S. import tax to 13.8%—its highest level since 1939, as mentioned in a report by USA Today.

Donald Trump and Canadian Prime Minister Justin Trudeau has gotten way worse lately, like two friends who can’t stop fighting. Back in the day, Canada and the U.S. were super close, working together on trade and stuff. But now? Things are messy.

Vinitaly India Roadshow comes weeks before over 4000 wine producers are scheduled to gather in Verona for the 57th edition of VinItaly 2025 between 6-9 April in Verona at a time when India-Italy relations are at their zenith. “Italy is the first wine producer in the world. But for Italy wine is much more than a beverage or an economic factor” noted the Ambassador of Italy to India Antonio Bartoli. “It is an integral part of the Italian culture. Hundreds of different types of wine testified to the authenticity and diversity of our territories. Wine is a driver of conviviality, togetherness, good-taste and quality. Values and traits that we share with India. We are happy to host this preview in Delhi, knowing how wine can further foster contacts and exchanges between our peoples and Countries” highlighted the Italian Head of Mission. The event which highlights the importance of “Made in Italy” comes at an opportune time, with Deputy Prime Minister of Italy Antonio Tajani, expected to lead a business delegation to New Delhi in early April.

Trump news updates LIVE: US President Donald Trump is set to deliver remarks to the media shortly, with expectations high regarding potential statements on key policy issues and ongoing developments in his administration.While the White House has not disclosed specific topics, Trump’s address comes amid rising economic concerns, including weaker-than-expected job growth in February, the impact of his federal workforce cuts, and new trade tariffs.Also, Trump’s remarks may touch on foreign policy matters, particularly the ongoing Russia-Ukraine war and his recent statement on potential new sanctions against Moscow.The media briefing follows a period of heightened political and economic activity, and analysts will be closely watching for any policy shifts or announcements that could shape the administration’s next steps.US President Donald Trump has announced that he is "strongly considering" imposing large-scale economic sanctions on Russia in response to its intensified military offensive in Ukraine. In a post on Truth Social, Trump emphasised the urgency of diplomatic negotiations while threatening severe financial measures."Based on the fact that Russia is absolutely 'pounding' Ukraine on the battlefield right now, I am strongly considering large scale Banking Sanctions, Sanctions, and Tariffs on Russia until a Cease Fire and FINAL SETTLEMENT AGREEMENT ON PEACE IS REACHED," Trump wrote."To Russia and Ukraine, get to the table right now, before it is too late.

Subscribe to enjoy similar stories. US President Donald Trump has been relentless in his pursuit of a tariff overhaul ever since assuming office in January. After making Mexico, China, and Canada his first victims (even though he paused some of the moves for a limited time), and threatening 25% tariffs on all steel and aluminium imports, he then announced his intention to introduce reciprocal tariffs on US’s imports from other countries, including India.

Subscribe to enjoy similar stories. President Trump on Thursday suspended for one month the 25% tariffs he placed on Mexican and Canadian products earlier this week. But there’s a catch: The deal only applies to goods that had been traded duty-free under a 2020 North American trade agreement.

Oil prices extended gains on Friday, rising more than $1 a barrel, after Russia's Deputy Prime Minister Alexander Novak said OPEC+ may reverse its oil output hike after April if needed. Novak told reporters that the producer group will go ahead with the April increase, but after that it may consider other steps.

Shares of Kotak Mahindra Bank Ltd.(up 0.72 per cent), Axis Bank Ltd.(up 0.35 per cent), Punjab National Bank(up 0.2 per cent) and State Bank of India(up 0.1 per cent) ended the day as top gainers in the pack.

stocks rallied as much as 15% in Mumbai trading on Friday even as equity benchmarks, BSE Sensex and NSE Nifty, traded in the green amid brisk buying in frontline bluechip counters. Stocks that surged in excess of 15% included, AVI Polymers Ltd.(20.00%), Bengal Tea & Fabrics(19.99%), KLK Electrical(19.99%), Hemo Organic(19.97%), Somi Conveyor(19.79%), Spenta Intnl(18.11%), Futuristic Sol(16.48%), Laxmi Dental(16.43%), Ashnisha Industries(15.92%) and Capital Trust(15.59%).

Reserve Bank of India on Friday.

Bohra Industries Ltd.(up 4.98%), Zuari Agro Chemicals Ltd.(up 4.22%), Aries Agro Ltd.(up 3.82%), Deepak Fertilisers & Petrochemicals Corporation Ltd.(up 3.46%), Agro Phos India Ltd.(up 2.55%), Madras Fertilizers Ltd.(up 1.66%), Paradeep Phosphates Ltd.(up 1.58%), Gujarat State Fertilizer & Chemicals Ltd.(up 1.53%), Coromandel International Ltd.(up 1.37%) and Rama Phosphates Ltd.(up 1.26%) stood among the top gainers.

Donald Trump's push to boost American production and exports, ToI reported. However, across-the-board duty reductions may not necessarily translate into higher US shipments to India, as companies are likely to source goods from more competitive markets like China or Southeast Asia. Despite the tariff debates, American brands such as Harley-Davidson and Tesla do not currently manufacture vehicles in the US for export to India. Harley-Davidson, a brand often associated with US presidents, imports its motorcycles from Thailand, while Tesla—on the verge of entering the Indian market—plans to ship its electric vehicles from Germany after Indian authorities discouraged imports from China. Locational advantages, lower freight costs, and economies of scale make it more profitable for companies to manufacture in other countries rather than the US. Many firms also take advantage of India's free trade agreements to ship goods at zero duty.

Donald Trump’s frenzied tariff barrage has been marked by reversals and faulty rollouts, baffling US trading partners and businesses while raising questions about the aims of his signature policy. During his six weeks in office, Trump imposed sweeping Canada and Mexico tariffs, only to pull back with exemptions and deferrals. Confusion has surrounded new import taxes on China. An ambitious proposal to charge duties on previously exempt low-cost packages had to be hastily reversed when it became clear the government lacked the ability to actually collect them. Trump has said tariffs can help achieve his most ambitious goals, from remaking the US economy to raising trillions in revenue. But several hasty announcements have injected chaos into the economy and financial markets, casting doubts about the White House’s trade strategy.

Magadh Sugar & Energy Ltd.(up 3.94%), Rana Sugars Ltd.(up 3.68%), Mawana Sugars Ltd.(up 3.18%), Rajshree Sugars & Chemicals Ltd.(up 2.85%), Avadh Sugar & Energy Ltd.(up 2.75%), Vishwaraj Sugar Industries Ltd.(up 2.24%), Sakthi Sugars Ltd.(up 2.20%), Triveni Engineering & Industries Ltd.(up 2.19%), Kothari Sugars & Chemicals Ltd.(up 2.00%) and Dalmia Bharat Sugar and Industries Ltd.(up 1.75%) stood among the top gainers.

Subscribe to enjoy similar stories. As international conflicts go, none did so little to disrupt the global order as the “whisky wars" that pitted Canada against Denmark for four decades. Flaring up in 1984, the unlikely spat involved a one-square-kilometre island in the middle of an icy Arctic channel marking the border between Greenland (now a self-ruling part of Denmark) and the Canadian territory of Nunavut.

Donald Trump has once again criticised India’s trade policies, calling it a «very high tariff nation» and warning that reciprocal tariffs will come into effect on April 2. Speaking at an Oval Office event on Thursday, Trump described the upcoming levies as «the big one» among the many duties his administration has planned. India is expected to be hit particularly hard by these measures due to its high tariffs compared to the US. The comments come as Indian Commerce Minister Piyush Goyal is in Washington for discussions with Trump administration officials on trade policy between the two nations. Trump, known for his strong stance on trade, has repeatedly accused India of imposing unfair trade barriers that hurt American businesses. He has previously called India the «biggest tariff abuser» and the «tariff king.»

Nifty 50’s forward price-to-earnings (P/E) ratio has fallen to multi-year lows, as the ongoing market selloff pushes valuations down sharply. The benchmark index’s P/E for 2025 and 2026 now stands at 18.5x and 16.2x, respectively, marking a significant compression in valuation multiples, brokerage Ventura noted. Historically, Nifty’s forward P/E has seen sharper declines during past market crises, including the Global Financial Crisis (GFC) of 2008 and the COVID 19-induced crash of 2020, when valuations dropped to 10.5x and 15x, respectively. The brokerage warned that if corrective mechanisms are not put in place, the current downturn could mirror past collapses.

«Also, risks do not materialise only in weekend. It happens every day. If there is a product to attract global risks on Monday, then if there is something materialising in between, it is a meaningful gap there should be another product,» says Sundararaman Ramamurthy, MD & CEO, BSE. What are the potential risks to the market ecosystem when there is a concentration of trading activity on a single expiry day? Sundararaman Ramamurthy: The regulator gave the option for selecting one expiry day by the exchanges. The regulators absolutely, of course, would have applied their mind for giving this option. NSE opted to continue for Thursday. Based on market feedback, we shifted it to Tuesday. Market feedback had a rationale for it. When you have a common expiry, an existing mature product trades more and no other product can enter in.