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Calling Musk, a 'great American', Trump said that Musk was "putting it on the line" in order to help the US.
IndusInd Bank stated that the accounting discrepancies will negatively affect its net worth by 2.35% as of December 2024. The post-tax impact is estimated at Rs 1,577 crore, based on preliminary findings, and will be reflected in the bank's earnings for the fourth quarter.
India's exports felt the impact of potential US tariffs in February, according to government sources cited by Reuters. President Trump plans to impose reciprocal tariffs, raising import taxes to match those levied on US goods by other countries, starting April 2nd. The impact of these tariff changes on India’s exports to the US could be substantial, as the US is a major market for Indian goods.
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Wall Street stocks plummeted Monday as investors fretted that uncertainty over President Donald Trump's tariff policy could tip the world's biggest economy into a recession. The moves came after Trump refused to rule out the possibility of a 2025 recession, saying there would be "a period of transition, because what we're doing is very big -- we're bringing wealth back to America."
India is negotiating a trade deal with the US to mitigate the effects of tariffs imposed by the Trump administration. Key sectors like electronics, automobiles, and textiles might face tariff challenges, but pharmaceutical exports are less likely to be affected. India aims to keep its exports competitive and reduce trade tensions through strategic adjustments.
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The PCB is upset with the ICC over the absence of a Pakistani official at the Champions Trophy 2025 final presentation. They plan to protest, citing multiple controversies. Scroll down to know all about it.
Mandar Bhojane, Derivatives Analyst at Choice Broking, suggests that the recent breakdown indicates the stock could continue its downward momentum in the near term, with potential downside targets at Rs 590 and Rs 580, as long as it remains below the key support level of Rs 610.