Latest Updates Around The World
The new provisions ensure that the partnership decisively goes beyond tariff reduction and focuses on regulatory alignment and rule-setting across all key sectors | Photo credit: Oleksii Liskonih The India-European Union Free Trade Agreement marks a significant shift in the depth of economic engagement and introduces far-reaching obligations in the areas of sustainability and labor, […]
Analysts say the zone between 89.80 and 90.00 has now emerged as a strong base of support for the rupee against the US dollar. The rupee may find near-term support in the wake of reaching a framework for an interim agreement on reciprocal and mutually beneficial trade between India and the US, with market experts […]
The Indian rupee fell on Friday, scorched by likely dollar outflows and traders cutting long bets, but posted its best gain in more than three years after New Delhi and Washington announced a long-awaited trade deal.The rupee closed at 90.6550 per dollar, down 0.3% on the day but up 1.4% on a weekly basis, the […]
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 […]
The Indian rupee finished higher for a second straight session on Wednesday on likely state-owned banks’ dollar selling, which traders said could come on behalf of the central bank, reversing pressure from slightly softer Asian signals.The rupee ended 0.3% higher at 89.88, its highest closing level in a week, after closing at 90.1650 in the […]
The rupee started 10 paise weaker at 89.97 compared to the previous close and tested an intraday high/low of 89.9650/90.30 per dollar. | Photo credit: PTI The rupee breached the psychologically crucial 90 against the US dollar level on Wednesday to close at a new all-time low of 90.19, against the backdrop of continued FPI […]
Mumbai: Indian stock indexes ended higher for a sixth straight session on Thursday after giving up most of the nearly 1% gain earlier in the day, fueled by optimism around reports that India is negotiating with the US to cut tariffs from 50% to 15-16%. While information technology (IT) stocks led the upward movement on […]
Oil prices fell on Tuesday on concerns about oversupply and risks to demand from tensions between the US and China, the world’s two biggest oil consumers, while President Donald Trump said he expected to reach a trade deal. Brent crude futures fell 14 cents, or 0.2%, to $60.87 a barrel at 0005 GMT. The US […]
Indian stock -benchmarks have completed the week on a solid note, stimulated by strong domestic macro -economic data and current policy reforms. The Nifty won 1.29% to settle at 24,741, while the SENSEX 1.13% climbed to close at 80,710. The upward trend was wide, with midcap and smallcap indices that perform better, respectively by 1.8% […]
New Delhi has offered tariff reductions on a wide range of goods and works to illuminate non-tariff barriers. | Photocredit: Egromov * India is preparing for higher American rates – probably between 20% and 25% – at some of his export as a temporary measure, because it is eliminated by new trade concessions prior to […]
