The Food & Beverages category saw inflation ease by 95 basis points month-on-month, settling at 2.88%, largely driven by continued deflation in vegetable prices. Consumer Price Index (CPI) inflation cooled to 3.34% in March 2025, marking the lowest level in 67 months, primarily due to a steep decline in food inflation. The Food &…
The Uttar Pradesh government is reportedly in talks with iPhone manufacturer Foxconn to set up a new facility in the Greater Noida region. According to sources, UP government officials and representatives of the Taiwanese company have already held two rounds of meetings at Delhi and Lucknow on the proposed project. The new facility is likely…
In a significant policy shift, the US on April 10 temporarily paused the imposition of fresh tariffs on Indian imports for 90 days. The move, announced via White House executive orders, provides crucial relief to Indian exporters grappling with new trade barriers. India and the United States have locked in the terms for the…
RBI lowers repo rate by 25 bps and trims GDP projection for FY26, citing controlled inflation and global trade and policy uncertainties The Reserve Bank of India (RBI) Monetary Policy Committee (MPC) has unanimously decided to reduce the repo rate by 25 basis points to 6 per cent, Governor Sanjay Malhotra announced on Wednesday. This marks the second…
The India VIX, which measures market volatility, spiked 65.7 percent to 22.79, the highest level since June 4, 2024, creating significant discomfort for bulls. Bears maintained their tight control over the market despite a recovery from the day’s low, driving the benchmark index, Nifty 50, down by over 3 percent on April 7. Selling…
On Thursday, President Trump unveiled a reciprocal plan to impose a 10% tariff on imports from all countries entering the US. He imposed a 34% tariff on China. China’s Ministry of Finance has announced that it will impose an additional 34% tariff on all US goods, effective April 10. This action is a direct…
Trump’s tariff shock: IT shares were the top Sensex and sectoral losers over fears of recession as experts see additional tariffs detrimental to the economic growth in the US. This would impact demand for services of Indian IT companies in that country. The Indian stock market recovered partially from the initial jitters of the…
Stock market: Trump’s decision on reciprocal taxes would introduce a new wave of uncertainty in global trade dynamics, said Amit Jain, Co-Founder of Ashika Global Family Office Services. Markets across Wall Street to Dalal Street are on a high alert, as the US President Donald Trump readies fresh salvo against its trading partners on…
Axis suggested weekly technical stock picks with a potential upside of up to 20 per cent. Axis Securities said the benchmark Nifty50 saw profit booking around the 23,800 zone recently. For the week, the domestic brokerage expects the index to trade within a broader range of 24,250-23,000 while sub-index Nifty Bank could trade within the…
Tata Projects, the construction subsidiary of the Tata Group, is raising Rs 2,500 crore through a rights issue at a valuation of Rs 6,700 crore. According to a company filing, the rights issue is priced at Rs 163.1 per share, which includes a premium of Rs 158.10. Shareholders participating in the issue include its largest…