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Friday, April 4, 2025

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

Thursday, April 3, 2025

UltraTech buys Patni's putty biz for Rs 235 crore

Aditya Birla Group's UltraTech Cement is set to acquire Wonder Cement's white cement business for Rs 235 crore. This acquisition will enhance UltraTech's production capacity, leveraging Wonder Cement's strategically located plant and booming turnover in the competitive putty manufacturing market.

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/69mrgu1

Wednesday, April 2, 2025

Donald Trump announces 26% 'discounted' reciprocal tariff on India: What will be the impact and is Indian economy relatively insulated?

US President Donald Trump announced new reciprocal tariffs to counter high duties charged on US goods by foreign countries. With tariffs on countries like China, India, and the EU, the move aims to rebalance trade.

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/E1YwNL6

Highway construction touched at 10,500 km, toll revenue crossed Rs 60k cr in last FY



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

Tuesday, April 1, 2025

Ratan Tata leaves over Rs 3cr for home & office staff

Ratan Tata, who passed away in October 2024, left nearly Rs 3.5 crore for his house helps and office staff, waived off their loans, and ensured his belongings benefited the underprivileged. He bequeathed substantial amounts to his long-time cook, butler, and driver, canceled loans, and directed funds for his executors and domestic servants.

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/BkZVOA3

Price rise in US market may hit demand in next few months

The Indian government is closely monitoring the US reciprocal tariffs, which are expected to impact exports and demand. Trade experts anticipate higher duties on Indian goods, including agricultural products, to be a strategic move by the US in bilateral talks. India plans to push forward with trade negotiations to counter the tariff impacts.

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

Monday, March 31, 2025

Mobile companies seek zero duty on US imports

Mobile phone manufacturers like Foxconn and the Tata group have urged the Indian government to reduce import duties from the US to 0%, fearing business loss to China and Vietnam if reciprocal tariffs are imposed. The companies emphasize an urgent bilateral agreement with the US, highlighting the potential shift in production locations if tariffs increase.

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/j98YTMW

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 Do...