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Subscribe to enjoy similar stories. Fed officials essentially project stagflation this year, with both lower growth and higher inflation. Federal Reserve officials didn’t alter interest rates this week, and investors shouldn’t get too comfortable with their projections for two rate cuts later this year.

U.S. policymakers projected likely two quarter-point interest rate cuts later this year, the same median forecast as three months ago, even as they expect slower economic growth and higher inflation. On Wednesday, the Fed held its benchmark overnight rate steady in the 4.25%-4.50% range.

Trump last month ordered the US Commerce Department to investigate US imports of copper as a likely precursor to imposing duties. Since then, US prices have spiked and traders have scrambled to send metal to America ahead of any tariffs, in turn reducing supply in the rest of the world.

Subscribe to enjoy similar stories. The Trump administration has been extraordinarily blasé about falling stocks. “I can tell you that corrections are healthy, they are normal," said Scott Bessent, America’s treasury secretary on March 16th, in the government’s most recent shrug.

Subscribe to enjoy similar stories. Indian Railway Finance Corp Ltd: Buy at ₹128.10 | Target ₹150-155 | Stop loss ₹ 116.80 On the hourly chart, the IRFC stock has formed reverse head and shoulder also stock is trading above multiple moving averages (20/50/100/200) macd also on positive side.

Subscribe to enjoy similar stories. 1. AMI Organics Ltd: Current market price: ₹2,359.50 | Buy range: ₹2,330–2,370 | Profit goal: ₹2,900 | Stop loss: ₹2,110 | Time frame: 2–3 months 2.

Following the move, shares of major steel companies climbed up on the bourses, with state-owned SAIL ending the day 3.99% up on the BSE, while Tata Steel gained 2.52%, JSW Steel 1.35% and Jindal Steel & Power 0.25%. The proposal came following an investigation on a complaint from Indian Steel Association into the sudden surge in imports of non-alloy and alloy steel flat products.

The Titans begin their season on March 25 against Punjab Kings at the Narendra Modi Stadium, Ahmedabad. With a strong squad and meticulous planning, the franchise is focused on delivering both on-field success and an unmatched fan experience throughout the season. Gujarat Titans entered the IPL as one of two new teams ahead of the 2022 season. Before the auction, they secured Hardik Pandya, Rashid Khan, and Shubman Gill, with Pandya appointed as captain. Ashish Nehra took charge as head coach, while Gary Kirsten joined as mentor and batting coach, and Vikram Solanki became the director of cricket. The Titans made an immediate impact, clinching the title in their debut season. They reinforced their credentials in 2023 by reaching the final, only to lose to Chennai Super Kings in a dramatic last-ball finish. Despite a somewhat uncertain auction, where their key signings included Hardik Pandya (who captained the side), David Miller, Rashid Khan, and Mohammad Shami, Gujarat Titans defied expectations. Under Hardik’s leadership, the relatively inexperienced squad transformed into a formidable unit, emerging as a dominant force in their first two seasons.

Japan Airlines on Wednesday. The airline plans to replace its older Boeing 767 aircraft with 11 new planes from Airbus.

Federal Reserve officials slashed their economic outlook in the latest projections released Wednesday, seeing the U.S. economy growing at a pace lower than 2%.

S Jaishankar on Wednesday said nations will continue to use tariffs as they compete for global standing, with the past decade witnessing a greater «weaponisation» of economic measures by governments worldwide. The minister's comments come amid a raging global debate on US President Donald Trump's pledge to levy reciprocal tariffs on many countries, including India, from April 2. «Tariffs, sanctions, I think, whether we would like it or not, they are a reality, countries use them. In fact, if one looks at the last decade, I would say we have seen a much greater weaponisation of pretty much any kind of capability or any kind of economic activity. It could be financial flows, energy supplies or technology,» said Jaishankar, speaking at the 'Commissars and Capitalists: Politics, Business, and New World Order' session at the Raisina Dialogue conference. He was responding to a question on whether trade barriers, tariffs and tech sanctions or restrictions have any place in India's foreign policy. «This is a reality of the world… You are fighting for your comprehensive national power, of which business makes a very important contribution,» he said. «I think today, the lines dividing different domains have eroded. If you see in international relations, I think it's a less restrained culture today than it was a decade ago,» he said, adding, «This is a reality of the world. You fight for your business, because you are fighting for your employment; you are fighting for your comprehensive national power, of which business makes a very important contribution.»

But his tariffs could have the opposite effect on the company's suppliers. Trump has imposed a few tariffs so far, but he says more are coming in just a few weeks. That threat has unnerved the aerospace industry, of which Boeing is one of the largest companies. Duties on aluminum and steel, two of the most important raw materials used in aircraft, are expected to raise manufacturing costs. But the industry is far more concerned by tariffs that take effect on goods from Canada and Mexico next month, which could disrupt the highly integrated North American supply chain. «These tariffs are particularly fraught for an industry like aerospace that has been duty-free for decades,» said Bruce Hirsh, a trade policy expert at Capitol Counsel, a lobbying firm in Washington, which has aerospace clients. «Parts are coming from everywhere.» Many companies have been able to avoid costly cross-border tariffs under a short-term reprieve for products covered by a North American trade agreement that Trump negotiated in his first term. But that deal expires in April.

US Federal Reserve is set to announce its decision on interest rates on Wednesday, March 19. The announcement will be made against the backdrop of US President Donald Trump’s tariff wars and cuts to government funding. A lot of speculation persists over whether the Federal Reserve will keep interest rates unchanged. Wall Street seemed upbeat before Federal Reserve chair Jerome Powell’s press conference, with 60 per cent of broad S&P 500 firms trading higher on Wednesday morning. Over two-thirds of stocks in the Dow index were in the green, CNN reported.

Sebi on Wednesday barred former TV anchor Hemant Ghai and his family members from the securities markets for five years for violating regulatory norms. Apart from the ban, Sebi has directed Hemant Ghai and his wife Jaya Ghai to disgorge the unlawful gains worth Rs 6.16 crore, along with 12 per cent interest per annum to be calculated from March 31, 2020, till the date of the interim order. It has also slapped a penalty of Rs 50 lakh each on Hemant Ghai and Jaya Ghai, Rs 30 lakh on MAS Consultancy Service, and Rs 5 lakh on financial services company Motilal Oswal Financial Services Ltd (MOFSL).

This will be his second visit to Thailand, following his 2019 trip to the ASEAN Summits, where he was accompanied by External Affairs Minister S Jaishankar and Commerce and Industries Minister Piyush Goyal. The BIMSTEC Summit will take place in Bangkok from April 2 to 4. Under Thailand's chairmanship, BIMSTEC aims to achieve a «Prosperous, Resilient, and Open» region, known as «PRO BIMSTEC,» by 2030. The BIMSTEC Summit aims to foster regional cooperation between South and Southeast Asia, with seven member states: Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka, and Thailand. The summit will focus on key deliverables, including the BIMSTEC Bangkok Vision 2030, the Report of the Eminent Persons' Group on the Future Direction of BIMSTEC, and the BIMSTEC Summit Declaration.

Piyush Goyal Wednesday proposed signing of free trade agreements individually with the members of the 4-member Mercosur bloc comprising Argentina, Brazil, Paraguay and Uruguay. His statement comes as the efforts to expand the Preferential Trade Agreement (PTA) with the Mercosur are stuck. “I propose to either expand the MERCOSUR trade agreement or look at trade deals bilaterally,” he said at a CII event. India went ahead with a bilateral trade deal with UAE when the talks to secure a trade pact with Gulf Cooperation Council nations weren’t making much headway. Goyal also said that India is also working with Chile to expand its PTA with Chile and turn it into a Comprehensive Economic Partnership Agreement. The PTA with Chile was signed in 2006 and expanded in 2017. Within the LAC region which includes 33 countries the FTA negotiations with Peru are in advanced stages.

The RBI report stated that India’s external sector continues to find support from resilient services exports, which remain less affected by global disruptions. “Going forward, India’s structural strengths—sound fiscal policies, a well-calibrated monetary framework, and digital transformation initiatives—are expected to provide a strong foundation for long-term sustainable economic growth,” the report stated. The RBI lowered the benchmark policy rate by 25 basis points to 6.26% in February, and the easing inflation print triggered economists to forecast another 25 bps cut in rates in April, according to an ET poll of 12 economists. After taking charge, President Donald Trump announced a series of tariff proposals leading to uncertainty on growth in both emerging and advanced markets. The pass-through of higher tariffs to consumer prices would be a key risk to global inflation, and central banks in advanced economies would have to factor in a potential slowdown in growth.

step down as Tesla's CEO. Investors are concerned that his multiple commitments, particularly his government role, are harming the company.

Uncertainty isn't in short supply these days — and investors have taken notice.

Donald Trump's reciprocal tariffs against other countries come into effect may not be as menacing as it seems because there is little clarity on how the tariffs will be imposed and Treasury Secretary Scott Bessent has put a twist in Trump's policy. It seems the policy is a work in progress, and nobody is yet sure how it will take effect. Reciprocal tariffs roughly mean hiking rates on imports to match the level that other countries apply to US products.