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Saturday, April 5, 2025

Jaguar Land Rover hits pause on shipments to US

Jaguar Land Rover is pausing shipments to the US in response to a new 25% tariff on vehicle imports imposed by the Trump administration. The company is reassessing its trading strategies to adapt to the new tariffs. In the past year, nearly a quarter of JLR's 430,000 vehicle sales were in North America.

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/CRmkQMY

Govt reserves chunk of second startup fund for small players

Commerce and Industry minister Piyush Goyal has announced that a significant part of the Rs 10,000 crore second fund of funds for startups will support seed funding of smaller players to drive deep-tech innovation. Sidbi, a government financial institution, will administer this fund with a Rs 2,000 crore allocation for the year.

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/GtS39bo

Flurry of exports as firms race to beat Trump tariffs

To counter Donald Trump's reciprocal tariffs, Indian companies, including Apple, significantly boosted goods exports to the US, close to last year's $437 billion target. Sectors like electronics, gems, and apparel saw a marked increase in shipments. India's total goods and services exports reached an estimated $800 billion for the fiscal year, with hopes of reduced uncertainty ahead.

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/bEK1RXv

Delhivery to acquire Ecom Express in Rs 1,407 crore deal

Delhivery is acquiring Ecom Express for ₹1,407 crore in an all-cash deal, marking a significant consolidation in the logistics sector. This move follows challenges faced by Ecom Express, which had to stall its public listing plans and lay off hundreds of employees.

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/B0GVDih

Friday, April 4, 2025

Dalal Street caves in: Sensex slumps 931 pts, toll lower than peers

Dalal Street saw a significant decline as the escalating trade war caused investor sentiment to fall. US tariffs led to a 34% retaliatory tariff by China, resulting in a sharp decrease in sensex and Nifty, with intense selling affecting auto, metal, and pharma stocks.

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2G8C9LE

Window opens for fuel price cut as US-China tariff war trips oil prices

Oil prices hit their lowest since mid-2021, influenced by China's tariff retaliation against the US and OPEC+'s decision to increase production. This decline offers India an opportunity to lower fuel prices, easing inflationary pressures and reducing import costs. Lower fuel costs could benefit the economy and households.

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/FYX4r8q

Recession fears mount as US China tariffs fuel trade war havoc across markets

Global stock markets continued their steep decline as China retaliated against US tariffs, escalating fears of a prolonged trade war. The Dow Jones tumbled, with significant losses for tech companies like Apple and Tesla. Concerns about a potential recession grew, despite positive US job growth. Investors remain anxious about long-term economic impacts.

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/e1G8nAH

Jaguar Land Rover hits pause on shipments to US

Jaguar Land Rover is pausing shipments to the US in response to a new 25% tariff on vehicle imports imposed by the Trump administration. The...