Latest Updates Around The World
The US decision to sharply cut tariffs on Indian goods should strengthen the rupee and boost Indian stocks, strategists and fund managers say.US President Donald Trump announced he would cut his 25% tariff on Indian goods to 18% after Prime Minister Narendra Modi agreed to stop buying Russian oil during a phone call. Trump is […]
Mumbai: Shares of InterGlobe Aviation, IndiGo’s parent company, rose over 4% – the highest single-day gain in 16 months – after the fine imposed by the Directorate General of Civil Aviation on the airline for the mass flight cancellations in December was seen as lower than what investors expected. The stock closed 4.2% higher at […]
Mumbai: Shares of cigarette-to-consumer goods conglomerate ITC closed at a three-year low on Friday, extending losses to a second straight session after most brokerages downgraded the government following the government’s announcement of an additional excise duty on tobacco products with effect from February 1. The stock fell 3.8% to ₹350.1 on Friday after falling almost […]
