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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 In a week marked by global financial turbulence and mounting protectionist fears, Jefferies’ Chris Wood has doubled down on India. In the latest edition of his GREED & fear newsletter, the veteran strategist announced a two-percentage-point increase in India’s allocation within Jefferies’ Asia Pacific ex-Japan relative-return portfolio—raising the country to Overweight status…
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 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 Kolkata, Apr 4 (PTI) Indian rice exporters are adopting a wait-and-watch approach following United States’ decision to impose 27 per cent tariff on imports, though industry leaders say the long-term impact may be limited due to India’s inherent competitiveness. “While there may be short-term price fluctuations, the market is expected to stabilise…
Source: Live Mint On Tuesday—the worst day for the Indian markets since 28 February—benchmark indices tumbled more than 1.5%, reflecting jitters around the upcoming announcement and leaving investors poorer by more than ₹3.4 trillion. The S&P BSE Sensex dropped 1.8% to settle at 76,024.51, while peer Nifty 50 closed 1.5% lower at 23,165.70. After a…
Source: Live Mint Analysts at Goldman Sachs have raised US tariff assumptions for the second time in less than a month, expecting the average tariff rate to rise 15 percentage points in 2025. Terming the revision a “more aggressive assumption for reciprocal tariffs” Goldman Sachs said it expects US President Donald Trump to announce an…
Source: Live Mint Gold Price Today: International gold prices hit a record high on Thursday, March 27, as investors sought the safe-haven asset in response to the escalating global trade war tensions and tumbling equity markets following US President Donald Trump’s announcement of new auto tariffs. Spot gold climbed 1.2 per cent to $3,057.12 an…
Source: Live Mint Indian stock markets have witnessed a strong comeback in March, bouncing back from a prolonged sell-off that began in October 2024. The steep decline over the past five months had made Indian equities among the worst-performing markets globally, raising concerns among investors. Both the Nifty 50 and Sensex have gained almost 7…
