US stock markets plunged on Friday as fears of a renewed trade war intensified after President Donald Trump accused China of adopting an “extremely hostile” trade posture, sparking widespread speculation about fresh US trade measures. During trading hours, Trump took to Truth Social to allege that Beijing had sent letters to several countries announcing new…
Indian equity markets are set to open on a cautious but positive note on Friday, August 29, as traders look to shake off a two-day losing streak. Focus will be firmly on the Annual General Meeting (AGM) of Reliance Industries, scheduled for later in the day, along with key domestic macroeconomic data releases. At 7:40…
US President Donald Trump has said his administration will not impose tariffs on gold imports, an announcement following days of speculation that gold bars might be subject to country-specific duties. Trump issued a terse statement in a social media post, after speculation arose over the possibility of gold tariffs after a recent ruling by U.S….
In the latest escalation of the tariff war, US President Donald Trump has signed an executive order imposing an additional 25 per cent tariff on India in response to its continued purchase of Russian oil, effective August 27, Zee Business reported. The move follows Trump’s earlier warning, issued just a day prior, threatening to raise…
India’s headline indices fell sharply on Friday amid significant selling pressure in export facing sectors like pharma, IT and auto stocks as Trump’s 25% tariff scare on India mounts. Nifty witnessed another sharp decline as it failed to reclaim the 200-DMA on the hourly chart, despite a strong recovery on Thursday.Commenting on the day’s action,…
Shares of Tat Motors, Samvardhana Motherson and pharma companies will gain traction in Thursday’s trade (May 29, 2025) as the US Court as a big step has blocked US President Donald Trump’s ‘Liberation Day’ tariffs. This is as the US Federal court hails ‘Liberation Day’ tariffs as illegal and prevented his plan of levying sweeping tariffs…