Business / The Hindu Businessline
Sensex, Nifty set to open on weaknote
Sensex, Nifty, Share Prices LIVE: The stock of Kalyan Jewellers India has witnessed a considerable sell-off since the beginning of this year. But over the past three weeks, the price has been on the rise. The stock bounced after finding support at 400 and a couple of sessions back, it surpassed a crucial resistance at 500.
China condemned the move as bullying, while France pushed for taxes on US tech giants as a countermeasure.
Investors reacted to fears of a toxic combination of slowing economic growth and rising inflation due to the tariffs, which could potentially cut US economic growth by 2% and increase inflation to nearly 5%.
The overhaul will enhance quality in service and extend the life of the aircraft
Retaliatory tariffs by the US could benefit Indian dairy exports to the US
The committee will comprise Deputy Chief Minister Mallu Bhatti Vikramarka, IT and Industries Minister D Sridhar Babu and Revenue Minister Ponguleti Srinivasa Reddy
The Bill aims to ease the procedure for global lessors to repossess their leased equipment in case of a payment default by the lessee
The Dow Jones Industrial Average fell 1,489.79 points, or 3.53 per cent, to 40,735.53, the S&P 500 dropped 228.84 points, or 4.04 per cent, to 5,442.13 and the Nasdaq Composite fell 915.44 points, or 5.20 per cent, to 16,685.61
AI in Indias agriculture and healthcare sectors is a game-changer, boosting efficiency, accessibility, and economic growth
The apex courts judgment, which marked a major setback to the Trinamool Congress government in West Bengal, has sparked widespread criticism from the BJP and the CPI(M)
OPEC+ countries announce 411,000 b/d crude oil output increase amid global economic concerns, impacting oil prices.
Further, India is pushing for the removal of non-tariff barriers in free trade agreements to ensure Indian whisky and rum are recognised globally
But need to closely monitor the impact of lower tariffs in Brazil, Turkey, UAE and Saudia Arabia
This decision follows the governments plan to acquire a 34 per cent stake in the telecom company by converting spectrum dues into equity, increasing its ownership from 22.6 per cent to nearly 49 per cent.
While pharma is exempt, sectors such as automobiles, steel, and textiles are expected to bear the brunt of the tariff hike, potentially affecting Indias export growth
Earlier transplanting may ease paddy sales but experts raise ecological concerns
The Karnataka government has decided to establish a Gig Workers Welfare Board to ensure the well-being of workers
While pharma is exempt, medical devices faces 27 percent tariffs both look to the changes bilateral negotiations could bring
Level in over 65% below 50 per cent but higher than last year, shows CWC data
Hopes that ongoing bilateral negotiations between two countries will lead to a balanced resolution that benefits both economies
Wonder WallCares plant is one of the largest single-location putty manufacturing sites in India
Indias total leather and leather manufactures exports from April 2024 to February 2025 was $4.1 billion. Of this, exports to the US was $870 million, according to government data
Additional costs could reduce profit margins for Indian exporters, especially small and medium-sized enterprises: Emmanuel Nambusseril, Chairman, Spice Exporters Forum
US is the largest market for Indian gherkins and accounted for 12 per cent of export volumes in 2023-24
The iX1 was launched at the Bharat Mobility in January priced at 49 lakh (ex-showroom) with a range of up to 531 km
Texprocil seeks Govt help to become more price competitive
About 50.31 lakh job cards were deleted due to minor spelling errors or mismatches in Aadhar details in 2021-22
Speaking at Army Commanders Conference, he also says Military Intelligence should incorporate modern technology
He criticised the government for refusing to hold talks with the agitating HCU students
EPFO has removed the requirement of uploading the image of the cheque leaf or attested bank passbook
Power Grid led the advances, surging 4.34 per cent to 299.15; Tata Motors was the biggest loser, dropping 2.64 per cent to 654.05
BSE Sensex closes at 76,295, down 322 points or 0.42%, while the Nifty50 settled at 23,250, losing 82.25 points or 0.35%
India faces higher reciprocal tariffs compared to its competitors such as Turkey and the UAE at 10 per cent
The shares of E2E Networks Limited were trading at 2,002.90 up by 2.20 or 0.11 per cent on the NSE today at 3.10 pm
Hero MotoCorp, Honda Motorcycle & Scooter India (HMSI), and TVS Motor Company have reported double-digit growth in March, while Bajaj Auto reported marginal growth
With launches surpassing sales, unsold inventory has increased 5 per cent in the quarter, but with sales still at good levels the inventory is at manageable levels, Knight Frank said.
This would be facilitated by a due amendment of a relevant clause of KGPL Port Concession Agreement
The shares of MAN Industries (India) Limited were trading flat at 293.15 on the NSE today at 3.16 pm
The decision to adopt the broker billing system was aimed at enhancing market accessibility and attracting a wide range of buyers
For the current fiscal, Paliwal expects the combined cargo volume to grow at around 7 per cent
The transaction includes a green-shoe option that could potentially increase the amount to $300 million.
EESL and the Ministry are following up with States/UTs to expedite the release of dues, says Power Minister
In case of risk of deeper impact on growth, public capex spending may increase to help support domestic demand
Morgan Stanley sees 30-60 bps downside risk to FY26 growth
Indias agriculture exports to the US face increased tariffs, but government aims to implement bilateral trade agreement soon.
Experts point out that the US reciprocal tariffs are not based on a calculation of tariff rates + non-tariff barriers, but on the trade deficit the US had with each country
China seen as a possible threat as compared to other Asian steel producers
Also studying opportunities that may arise due to new development, says Commerce Department