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India’s recent trade deals with the US and EU are changing the way global investors view Indian assets, even as markets react nervously to domestic policy changes.In this edition of ETMarkets Smart Talk, Pradeep Gupta, Chairman and MD of Anand Rathi Share and Stock Brokers Ltd, explains why these deals significantly reduce India’s geopolitical risk […]
Scott Bessent, US Secretary of the Treasury | Photo credit: Bloomberg In the wake of the India-EU FTA, the US has described the Europeans as “very disappointing”, saying they were unwilling to join Washington in imposing tariffs on New Delhi for purchasing Russian oil over this trade deal. “Again, they have to do what’s best […]
With markets showing mixed signals, experts are advising investors to make big moves until the Union Budget is unveiled. While the recent trade deal between India and the EU has improved sentiment, patience remains key. On whether it’s time to go value hunting, mArket expert, Sunil Subramaniam said, “No, not yet. The EU deal has […]
Benchmark indices Nifty and Sensex ended the first session of the holiday-shortened week on a strong note on Tuesday after the trade deal between India and the European Union lifted sentiments.Sensex ended Tuesday’s session 319.78 points or 0.39% higher at 81,857.48, while the Nifty50 rose 126.75 points or 0.51% to 25,175.40. Prime Minister Narendra Modi […]
Shares of Sula Vineyards, Radico Khatain, United Spirits, United Breweries and Globus Spirits plunged to 4% as European wines will enter the Indian market at lower prices under the bilateral free trade agreement as India will grant import duty concessions under the pact, PTI reported, citing an official. According to the pact, excise duty on […]
Image used for representational purposes only. | Photo credits: Getty Images/iStockphoto India plans to cut tariffs on cars imported from the European Union to 40% from as high as 110%, sources said. This is the biggest opening yet of the country’s vast market, as the two sides finalize a free trade pact that could come […]
