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Oil prices were little changed in early trading on Tuesday as global growth concerns, U.S. tariffs and Russia-Ukraine ceasefire talks offset increased instability in the Middle East that could impact supply. Brent futures ticked up 10 cents, or 0.14%, to $71.17 a barrel by 0135 GMT, while U.S. West Texas Intermediate crude futures rose 7 cents, or 0.1%, to $67.65 a barrel.

economic outlook amid tariffs and trade woes.

Slovenia’s possible participation in IMEEC represents an opportunity to position itself as an important route between India and the markets of Central and Eastern Europe. Slovenian Port Koper could represent a strategic gateway for logistic hub for goods distributions to these markets.

Stocks that were in focus include names like HAL, which rose 1.3% and BEL, which declined 0.06% and KPIT Tech, whose shares gained 3.2% on Monday.

Subscribe to enjoy similar stories. India’s benchmark index, Nifty 50, opened lower on Monday, 17 March, but rebounded as buying interest emerged at lower levels, pushing it into positive territory. The index closed 112 points higher (+0.50%) at 22,509.65, forming a bullish candle.

Subscribe to enjoy similar stories. The 10-year Indian bond yield, once trading at 12-13% in the late 90s, has now dropped from its 5-year high of around 7.5% to 6.7% as of February-end 2025. With the start of the interest rate cut cycle, yields are expected to fall further.

Cross-border travel is dropping sharply, as per surveys, which is impacting tourism revenue and triggering ad campaign adjustments.

The ministry has also estimated a $4.43 billion trade surplus in goods and services in February, the first surplus after the Covid-19 pandemic. In February, India’s gold imports slipped to $2.3 billion from the past month’s $2.68 billion. Meanwhile, crude oil imports dropped to $11.8 billion from $13.4 billion in January, data showed. Sequentially, goods exports were up 1.31% from January 2025. “This was a difficult year for us for trade. We are positively moving in the direction of above $800 billion exports,” said commerce secretary Sunil Barthwal, adding that services exports are growing above 14%. Live Events E

However, a bench led by Justice JB Pardiwala said that Jai Corp and others are at liberty to seek quashing of the FIR filed by the Economic Offences Branch of CBI, Mumbai, before an appropriate court, which will decide the case uninfluenced by the HC observations. Senior counsel Harish Salve and counsel Mahesh Agarwal, appearing for Jai Corp and others, told the SC that the allegation made by activist petitioner Shoaib Richie Sequeira have already been considered by statutory regulator — SEBI, SAT, a coordinate bench of the Bombay High Court and also BSE, and each of them have not found any merit in these allegations.

Donald Trump tariffs have ignited growing fears of a slowdown in the US housing market in 2025, as economic recession fears spread across financial markets. With the US housing market already facing affordability concerns, analysts say further tariffs would further suppress market activity.

Subscribe to enjoy similar stories. New Delhi: India is focusing its US engagement on a trade deal rather than Washington's contentious plans to impose reciprocal tariffs. According to three senior government officials, India is not engaging with the US on reciprocal tariffs; instead, discussions remain centered on shaping a proposed Bilateral Trade Agreement (BTA).

The market sell-off is not over yet as consumer and corporate confidence take a dive on tariff uncertainty, according to Deutsche Bank.

Warren Buffett's love for Japanese stocks grows fonder even as he increasingly sells U.S. equities.

Shares of Axis Bank Ltd.(up 2.38 per cent), ICICI Bank Ltd.(up 1.52 per cent), IndusInd Bank Ltd.(up 0.76 per cent), Federal Bank Ltd.(up 0.42 per cent) and Kotak Mahindra Bank Ltd.(up 0.41 per cent) ended the day as top gainers in the pack.

Jyotivardhan Jaipuria, Founder & MD, Valentis Advisors, says after the correction, they are getting a little more constructive on the market. He is no longer worried about high valuations of the Indian market because relatively, the valuations are looking okay. Now, we trade at around 65% premium to emerging market PEs, which is more or less in line with global averages and way below what it was six months back. As for earning growth, the March quarter will likely be closer to 8% and next year it may be 11-12%. Once earnings growth picks up, the market will feel relatively better and start moving up. Jaipuria also says he likes banks, pharma and in the consumption space the three picks are white goods, travel and probably auto ancillaries. Do you think banks will lead this rally going ahead and that is the sector to be in at this point in time because we have a lot of them saying yes, because the valuations are now reasonable, it is attractive, and banks is where one should be. Jyotivardhan Jaipuria: We also like banks and unfortunately, we are with the consensus here. The reason we like banks is valuations. If we do 10-year valuations for all sectors, banks are the only sector where valuations currently are below the 10-year valuations. So, to that extent, there is a lot of margin of comfort there because at low valuations, you need fundamentals to improve a bit, and then you can get decent share price performances, so that is why we like the banks.

Domestic benchmark index NSE Nifty ended 111.55 points up at 22508.75, while the BSE Sensex closed 341.04 points up at 74169.95.

China pledged on Sunday to «vigorously boost consumption» and «expand domestic demand in all directions» as they seek to cushion the impact of weak external demand amid an escalating global trade war. While they did not release detailed plans and budgets for most of the measures, one exception was a consumer trade-in scheme — a Chinese version of a «cash for clunkers» programme, with officials announcing a considerable expansion of subsidies and the categories of products covered. WHAT PRODUCTS ARE COVERED BY TRADE-INS? Initially, China's government announced subsidies for eight household products — refrigerators, washing machines, televisions, air conditioners, computers, water heaters, domestic stoves and hoods for range cookers. Purchasers of these products are eligible for subsidies equivalent to 15%-20% of their sales price, capped at 2,000 yuan ($276) for each item.

Economists had expected the February trade deficit to ease to $21.65 billion, according to a Reuters poll. India’s exports last month were affected, with concerns growing about the looming effects of Trump's proposed tariffs, according to government sources cited by Reuters. In addition to this, geopolitical risks, especially concerns over tariffs, will continue to influence trade dynamics, as per a UBI report. The reduction in the merchandise trade deficit was mainly driven by a moderation in the Non-Oil-Non-Gold (NONG) segment, supported by seasonal factors during the quarter, the report added.

Donald Trump's tariffs on Mexico are not imposed, the threats and uncertainty caused by on and off-again levies have already cost the tequila sector money and could drive a temporary slowdown in sales, producers, investors and analysts told Reuters. The 25% tariffs, initially due to be applied from February and briefly in place on March 4 before being suspended on both occasions, threatened billions of dollars of imports from huge producers like Diageo and Becle alone. They prompted businesses and consumers to stockpile tequila, which can only be made in Mexico, freeze expansion plans and divert resources elsewhere. Some producers, restaurants and drinkers accumulated hefty tequila stock, sometimes of up to six months — a bet which will pay off if tariffs are imposed. But producers say this also has a cost, hurting the sector even if the tariffs are rolled back. «No matter what happens… a price has been paid,» said Mike Novy, chief executive officer of Calabasas Beverage Company, which operates the tequila brand founded by Kendall Jenner, 818 Tequila.

capital markets reeled under negative investor sentiment, new demat account additions fell to their lowest level since May 2023, according to a report by domestic brokerage firm Motilal Oswal. The report states that only 2.3 million new demat accounts were opened in February 2025, down from 2.8 million in January 2025. Historically, demat additions have slowed during phases of weak market performance, reflecting a downturn in retail investor participation, the brokerage firm said.