The FinTech Hub
Source: Live Mint US President Donald Trump in a new post has claimed that the imposition of tariffs will lead to a huge number of Americans seeing a decline in their income tax. In a post on Saturday on his social media platform Truth Social, Donald Trump claimed that the tariffs will help reduce income…
Source: Live Mint NEW YORK (Reuters) -Most stock indexes climbed on Friday, with the Nasdaq up more than 1% in afternoon trading as tech-related shares gained, while the dollar headed for its first weekly rise in over a month. Helping Nasdaq, shares of Google parent Alphabet were up 1.5% after it beat profit expectations and…
Source: Live Mint Stock markets around the world have been experiencing extreme wild swings in the last few days after US President Donald Trump announced sweeping tariffs on goods imported from the rest of the world. India’s benchmark indices, the Sensex and the Nifty 50, ended 3 per cent lower on Monday. Barring HUL and…
Source: Live Mint Indian IT stocks are back under pressure as fears of a US-led recession gain traction following President Donald Trump’s announcement of sweeping “reciprocal tariffs” on over 180 countries. The United States remains the most critical market for Indian IT services, and any slowdown in that economy is expected to significantly dampen sector…
Source: Live Mint Warren Buffett has done it again. Over the last two days at the US stock markets, investors have lost $5 trillion in investments after Donald Trump announced a slew of tariffs on 184 countries. But not Warren Buffett. In contrast, the Berkshire Hathaway Chairman and CEO has remained in profit with his…
Source: Live Mint Donald Trump described April 2, 2025—the day reciprocal tariffs were introduced—as the most significant economic liberation day in U.S. history. However, this move was widely perceived both domestically and globally as a regressive step, marking a blow to the international trade system. Since the post-World War II era, international trade has expanded…
Source: Live Mint The US benchmark indices continued their downward run on Friday, with Wall Street’s fear level at a five-year high amid Donald Trump’s announcement of sweeping new tariffs earlier this week and China retaliating with a 34 per cent levy on all US imports. Trillions were wiped off stock market values as investors…
Source: Live Mint The Nifty 50 fell 1.5% to close at 22,904.45 while the Sensex dropped 1.2%, ending at 75,364.69. The smaller shares took a bigger hit, with Nifty Midcap 100 tumbling 2.9% and Nifty Smallcap 250 plunging 3.3%. Elsewhere, Hong Kong’s Hang Seng, China’s Shanghai Composite, Japan’s Nikkei and South Korea’s Kospi fell 1.5%,…
Source: Live Mint On expected lines, US President Donald Trump announced sweeping tariffs against over 180 countries on April 2, dealing a blow to market sentiment. Apart from country-specific tariffs, Trump also announced the imposition of a 10 per cent baseline tariff. Trump announced a 26 per cent tariff on India, half the rate that…
Source: Live Mint Trump fired up global trade tensions by announcing a baseline 10% tariff on all imports starting 5 April, with reciprocal tariffs on specific countries from 9 April. India will be hit with a 27% additional tariff, while China’s rate soars to 54%, up from the previous 20%. Gift Nifty futures took a…
