China has responded to Donald Trump’s threat of imposing an additional 10% tariff on countries with ‘anti-American policies’. The Chinese minister stated that Brics is not targeting any country and promotes openness and inclusivity. Trump had accused the six Brics nations of attempting to downplay the dollar, labelling it as anti-America. China refuted this claim,…
Representative image (Picture credit: ANI) NEW DELHI: The Indian rupee is expected to strengthen against the US dollar in the near term, driven by a combination of improving domestic fundamentals and a supportive global environment, according to a recent report by Bank of Baroda. The report, as per ANI, projects the rupee to trade in…
Foreign Portfolio Investors (FPIs) made a strong comeback to Indian equities last week, pumping in nearly Rs 8,500 crore amid signs of renewed confidence driven by India’s economic resilience and relative immunity to global trade shocks.During the holiday-shortened trading week ended April 18, FPIs made net investments of Rs 8,472 crore in the equity markets,…
<p style="text-align: justify;" data-pm-slice="1 1 []"><strong>Indian Economy: </strong>अमेरिका द्वारा अपनी आर्थिक नीतियों में बदलाव की वजह से उभरते बाजारों में तेजी आने की संभावना जताई जा रही है. विशेष रूप से भारत को इस बदलाव से सबसे ज्यादा लाभ होने की उम्मीद है. बुधवार (26 मार्च) को आई एक रिपोर्ट में ये बताया गया है कि…
New Delhi: Automobile exports from India rose 19% year-on-year in 2024 led by a robust dispatch of two-wheelers, passenger vehicles and commercial vehicles, according to Siam data. Overall shipments rose to 50,98,810 units last year, up 19% from 42,85,809 units exported in 2023. “Last year saw revival in demand for the Indian automobiles from emerging…
MUMBAI: The rupee sank closer to the 86 level, recording its tenth consecutive week of decline against the dollar. The local currency closed at 85.97 against the greenback, down 12 paise from Thursdays’ close of 85.85. The rupee is likely to breach 86 levels on Monday with the dollar index surging sharply late evening after…