Trade Financial News

Union Budget 2025 is significantly shaped by global factors, including the ongoing influence of Donald Trump. His stance on trade and international relations casts a large shadow over India's economic policies, especially as the country grapples with slowing GDP growth, rising inflation, and trade imbalances. The key challenge lies in balancing the need for fair trade relations with the US while ensuring India’s manufacturing sector remains competitive and doesn't face the brunt of any tariffs or restrictions imposed by the US.

U.S. President Donald Trump is expected to announce new tariffs against Canada and Mexico that will begin on March 1, but will include a process for the countries to seek specific exemptions for certain imports, three people familiar with the planning told Reuters.

registered intermediaries. The above move is also expected to help investors identify, isolate and avoid unregistered entities with the latter not having access to this unique UPI handle. The market watchdog has proposed to increase the upper limit of capital market transactions made through UPI to Rs 5 lakh per day from the current Rs 2 lakh limit.

Nirmala Sitharaman presented the Economic Survey for FY25 ahead of the Union Budget for FY26. The benchmark BSE Sensex gained 740.76 points or 0.97% to close at 77,500.57, while the broader Nifty 50 index closed at 23,508.40, higher by 258.90 points or 1.11%.

capital on Friday, driven by robust domestic demand and strong global cues, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity continued its ascent for the third straight session, jumping by Rs 1,100 to hit a new peak of Rs 84,900 per 10 grams. The yellow metal has rallied by Rs 5,510 or 7 per cent since January 1 when the metal traded at Rs 79,390 per 10 grams in the local market.

Subscribe to enjoy similar stories. President Trump’s advisers are considering several offramps to avoid enacting the universal tariffs on Mexico and Canada that he had pledged, according to people familiar with the matter, even as he reiterated Thursday that the tariffs are coming. The situation is fluid and Trump still may go through with his vow to slap 25%, across-the-board levies on imports from America’s two largest trading partners.

Personal tax is a key focus for most Indians when it comes to the Union Budget—especially for the urban middle class, as it directly impacts their finances. To break down the current demands and expectations, we spoke to Ishita Sengupta, Partner and India Leader at Vialto Partners. She shared insights on potential changes in capital gains tax, possible new introductions, and more. Excerpts:

The bearish pattern of lower tops and bottoms of the last month seems to have reversed, as Nifty closed above the recent lower top of 21st Jan at 23,426 levels. This is a bullish development and eventually, we could see the formation of bullish higher tops and bottoms. The underlying trend of Nifty remains strong. Having surpassed the hurdle of 23,500 levels, bulls could advance towards another resistance of 23,800 levels in a short period of time. Immediate support is at 23,400 levels, said Nagaraj Shetti.

economic survey projects a recovery for cement, iron and steel on the back of government expenditure picking up in the remaining fiscal. Balancing the optimism, the survey however said these gains could be tempered by excess global capacity in steel leading to aggressive trade policy.

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, Gulshan Polyols(19.98%), Teesta Agro Industries Ltd.(19.97%), Sindhu Trade(16.08%) and SaskenTech(15.85%).

In a quarterly trading update published today (30 January), Chrysalis revealed its net asset value per share climbed 11% over the quarter to 156.62p as at 31 December 2024, on the back of strong performance from its listed holdings and the buyback of approximately £27m in shares. The board proposed a change to the trust's capital allocation policy in October 2023, when the trust's discount stood at nearly 60%, which included returning £100m of capital to shareholders. The proposals were supported by shareholders at a continuation vote on the grounds distributions were prioritised.   T...

Shares of Punjab National Bank(up 4.85 per cent), IndusInd Bank Ltd.(up 3.57 per cent), IDFC First Bank Ltd.(up 3.36 per cent), Canara Bank(up 2.6 per cent) and State Bank of India(up 1.36 per cent) ended the day as top gainers in the pack.

Shares of LTIMindtree Ltd.(up 1.27 per cent), Infosys Ltd.(up 1.07 per cent), Wipro Ltd.(up 0.94 per cent), HCL Technologies Ltd.(up 0.73 per cent) and L&T Technology Services Ltd.(up 0.72 per cent) ended the day as top gainers in the pack.

Domestic benchmark index NSE Nifty ended 258.91 points up at 23508.4, while the BSE Sensex closed 740.76 points up at 77500.57.

Subscribe to enjoy similar stories. For years, China was the epicentre of global footwear manufacturing, producing nearly 72% of the world’s shoes in 2016. From Nike to Adidas, Puma, Crocs, and New Balance, virtually every major brand relied on China for production.

Madhu Kela, Market Veteran, says turn market volatility into your ally. This year, returns are expected to be quite modest. To achieve those returns, you need to be highly skilled at spotting strong bottom-up investment ideas. Volatility can provide you with an advantage and opportunities, as stocks often don’t have time to recover. Many solid companies can see their prices drop by 40% or 50% in just a few trading sessions or within a month. Kela says in a bull market, one can make money even if you are not on the ball, which was the case for the last three years. In this kind of market, one has to be really on top of the game to be able to make money. This Budget, he will be looking at the commentary on the fiscal path beyond 2026 and the capex situation. What is the state of the market and what sort of return can be expected? Madhu Kela: In the last three-four years, phenomenal returns have been generated by individual investors and markets have been very kind. One thing which I have been consistently maintaining is not to extrapolate these returns even in your mind because you cannot just keep compounding at 30-35% year after year.

Friday marks five years since Britain left the European Union at 11 p.m. on Jan. 31, 2020

Asia markets are mostly higher following gains on Wall Street driven by Tesla, IBM and Meta Platforms after strong profit reports

initial public offering (IPO) of leading eyecare service provider Dr. Agarwal's Healthcare received an overall subscription of 50% on Friday, its final bidding day. The offering includes a significant offer for sale (OFS) component of Rs 2,727 crore out of the total Rs 3,027 crore issue size. The retail portion, around 11:40 am, was subscribed 29%, while non-institutional investors subscribed 17%. Meanwhile, qualified institutional buyers (QIBs) subscribed 2.44 times the allocated portion.