Gold prices experienced a downward trend on Saturday, April 5, due to continued selling by investors amid escalating trade wars after the US imposed ‘reciprocal tariffs’ on several nations. As per the data in Goodreturns, the current gold rates in major Indian cities on April 5 are as follows. In Delhi, 22-carat gold is priced […]
Federal Reserve Chair Jerome Powell says Trump tariffs likely to raise inflation and slow US economic growth – CNBC TV18
The Trump administration’s expansive new tariffs will likely lead to higher inflation and slower growth for the US economy, Federal Reserve Chair Jerome Powell said Friday (April 4). Powell said that the tariffs, and their likely impacts on the economy and inflation, are “significantly larger than expected.” He also said that the import taxes will […]
Former government officials on why India must rethink its tariff policy – CNBC TV18
The recent tariff hikes announced by US President Donald Trump have reignited discussions on their potential impact on India’s trade strategy. Najib Shah, Former Chairman of the Central Board of Excise and Customs (CBEC), and SC Garg, Former Finance Secretary, weighed in on how India should respond to these structural shifts. Shah stated that India […]
Stock Market Crash: GIFT Nifty down nearly 400 points post Trump tariff announcement – CNBC TV18
Indian equity markets are bracing for an extreme reaction to US President Donald Trump’s reciprocal tariffs made overnight. The GIFT Nifty, an early indicator of how India’s benchmark indices Sensex and Nifty 50 are likely to start off trade, is indicating a gap down start, currently trading 380 points lower near the mark of 23,000. […]
India-US trade talks will work out well, PM Modi a ‘very smart man and a great friend’: Donald Trump – CNBC TV18
US President Dondald Trump said he thinks the India-US trade talks are going to work out really well. He said Narendra Modi is a “great prime minister” and a “good friend”. “India is one of the highest tariffing nations in the world… They’re very smart. He (PM Modi) is a very smart man and a […]
Sensex Today | Stock Market LIVE Updates: Nifty looks to snap record losing streak amid hopes on tariff relief
Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the red. Nifty 50 closed at 22,082.65, while Sensex ended at 72,989.93. Sensex Today | Stock Market LIVE Updates: Nifty ended the previous trade session 4,194.7 points below its record high of 26,277.35. Overnight, Wall […]
Vedanta shares lead Metal stocks lower after Trump tariffs roil global commodities – CNBC TV18
The Nifty Metal index is the top sectoral loser on Monday, currently trading with losses of over 2%. All 15 index constituents are currently trading with losses. Company Value Change %Change Vedanta is the top sectoral loser on the Metal index, trading with losses of over 5%, followed by National Aluminium Co, which is trading […]