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April 7, 2025 8:57 AM
Asian stock markets opened in a bloodbath today. The carnage came as US President Donald Trump defended his tariffs, saying any adjustment in the stock market will be temporary. Speaking about the falling markets, he said that medicine can be necessary at times. In early trade today, Japan'...
April 5, 2025 7:31 PM
Snapping a two-week gaining streak, domestic markets plunged 2.6 percent this week amid fears of a trade war, which led to a global sell-off following US President Donald Trump’s reciprocal tariff announcements and renewed concerns over the economic slowdown. The Sensex tumbled 2,050 points during...
April 4, 2025 7:39 PM
India's foreign exchange reserves surged by 6.6 billion dollars, reaching over 665.4 billion dollars in the week ending March 28. According to the Weekly Statistical Supplement released by the Reserve Bank of India, during the last week, foreign currency assets, a major component of the reserves...
April 4, 2025 6:05 PM
US Stocks tumbled on Thursday, registering their biggest daily percentage drops since Covid pandemic in 2020 as US President Donald Trump's sweeping trade tariffs sparked fears of a global recession. The Nasdaq Composite Index led declines on Wall Street, plunging almost six percent, its largest...
April 4, 2025 6:11 PM
Major Asian stocks extended their downward trend today rattled by Trump's tariffs announcement. Singapore's Strait Times index dropped three percent, Japan's Nikkei shed over 2.8 percent, and Korea's Kospi slipped more than 0.8 percent. Meanwhile, markets in Hong Kong and China were closed for Qingm...
April 4, 2025 6:00 PM
In the Forex market, the rupee today strengthened by 21 paise to close at 85 rupees and 23 paise against the US dollar amid a fall in oil prices and the weakening of the American currency. The dollar index, which indicates the US dollar's strength against a basket of six other...
April 4, 2025 5:00 PM
The benchmark domestic equity indices slumped more than one percent today, mirroring losses in global markets fuelled by US President Donald Trump’s tarrif jitters. The 30-share index at the Bombay Stock Exchange, Sensex, shed 931 points, or 1.22 per cent, to close at 75,365. Th...
April 4, 2025 8:02 AM
Global stocks sank a day after US President Donald Trump announced sweeping new tariffs that are forecast to raise prices and weigh on growth in the United States and abroad. The Wall Street Journal reported that the US market had lost 2.7 trillion dollars in market cap. The S&P 500, which track...
April 3, 2025 7:58 PM
India is carefully examining the implications of reciprocal tariffs imposed by the US. . The Ministry of Commerce and Industry in a statement today said that the Department is engaged with all stakeholders, including Indian industry and exporters, taking feedback of their assessment of the tariffs a...
April 2, 2025 9:04 PM
Ahead of the Reserve Bank’s Monetary Policy Committee meeting scheduled from 7th to 9th of this month, the government has approved the appointment of Poonam Gupta as the new Deputy Governor of the Reserve Bank of India. She will succeed Micheal Debabrata Patra, who demitted office in January thi...
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