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Author: NNI Editor
Investors’ wealth erodes by ₹11.30 lakh crore since reciprocal tariffs announcement; Sensex drops 2%
Investors’ wealth eroded by ₹11.30 lakh crore since early this month, where the BSE benchmark Sensex tumbled nearly 2%, as stock markets experienced turbulence. | Photo Credit: Reuters Investors’ wealth eroded by ₹11.30 lakh crore since early this month, where the BSE benchmark Sensex tumbled nearly 2%, as stock markets experienced turbulence in recent times initially due to U.S. President Donald Trump unveiling a massive tariff plan, followed by growing concerns of a tit-for-tat trade war between China and the US. Since April 2, the BSE benchmark gauge has slumped 1,460.18 points or 1.90%. Tracking uncertainty in equities, the market…
A view of electric vehicles (EV) for export and containers sitting at a port in Shanghai, China | Photo Credit: via Reuters China’s exports jumped 12.4% in March from a year earlier in a last-minute flurry of activity as companies rushed to beat increases in U.S. tariffs imposed by U.S. President Donald Trump, and analysts forecast sharp setbacks ahead. Imports fell 4.3% to $211.3 billion in March, the customs administration reported, far exceeded by exports worth $313.9 billion, leaving a trade surplus of $102.6 billion. “But shipments are set to drop back over the coming months and quarters,” Julian Evans-Pritchard…
Shrimp being processed in an export unit in Andhra Pradesh. File | Photo Credit: Special Arrangement India’s seafood exporters are preparing to ship 35,000-40,000 tonnes of shrimp to the United States with orders remaining stable after U.S. President Donald Trump paused a planned 26% reciprocal tariff, reducing the duty to 10%, industry officials said on Monday (April 14, 2025).“There is a lot of relief now as we are at par with other exporters to the US. Now the shipments that were held back will be processed,” Seafood Exporters Association of India Secretary General K.N. Raghavan told PTI.Also read | Seafood…
Nidhi Kaistha. | Photo Credit: Nidhi Kaistha LinkedIn Italian super luxury automaker Automobili Lamborghini on Monday (April 14, 2025) said it has appointed Nidhi Kaistha as Head of Lamborghini India.In her new role, Ms. Kaistha will oversee sales, marketing and after-sales operations in India, the sixth-largest market in the Asia Pacific region, the automaker said in a statement.With over 25 years of experience across hospitality, aviation, and automotive industries, she brings extensive expertise and leadership to her new position, it stated.Most recently, she played a pivotal role in contributing to the growth and success of Porsche India as Regional Sales…
Shrimp being processed in an export unit in Andhra Pradesh. File | Photo Credit: Special Arrangement India’s seafood exporters are preparing to ship 35,000-40,000 tonnes of shrimp to the United States with orders remaining stable after U.S. President Donald Trump paused a planned 26% reciprocal tariff, reducing the duty to 10%, industry officials said on Monday (April 14, 2025).“There is a lot of relief now as we are at par with other exporters to the US. Now the shipments that were held back will be processed,” Seafood Exporters Association of India Secretary General K.N. Raghavan told PTI.Also read | Seafood…
President Donald Trump speaks during an event to announce new tariffs in the Rose Garden at the White House, Wednesday, April 2, 2025, in Washington | Photo Credit: AP U.S. President Donald Trump on April 2, 2025, unveiled reciprocal tariffs in a meeting held at the White House, which are to work as a punishment to countries around the world, including some of America’s closest trading partners.The day of announcing the reciprocal tariff was claimed by Mr. Trump as the “Liberation Day” for America. “For decades, our country has been looted, pillaged, raped and plundered by nations near and far,…
Gantry cranes stand as containers stack below at Brani Terminal, operated by PSA (Port of Singapore Authority) International Pte, Singapore on April 12. | Photo Credit: Getty Images The U.S. has been the greatest champion of free trade and the chief architect of globalisation since the middle of the 20th century. However, in a stunning reversal of roles, U.S. President Donald Trump unleashed a carpet bombing of the global trading system on April 2, which he declared as “Liberation Day”. The U.S. tariff, or the tax America levies on imports from other countries, was 2 to 3% for two decades…
An investment coach, unlike an investment advisor, will not help you make any investment choices but will help you become aware of your relationship with money and investments Source link
Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto India’s investment landscape appeals to domestic and NRI investors alike, but it doesn’t come without its own set of challenges. Investors need to brace for market swings, currency fluctuations and global economic shifts. Investor sentiment has taken a hit during the recent phase of correction in the Indian market. As a result, many of them try to time the market. But it is hardly easy to time a market that moves in unpredictable cycles and makes short-term bets a risky proposition.Many investors try to chase peaks and avoid dips, only…
No-cost EMI is one of the most popular financing options for high-ticket consumer durables such as gadgets and home appliances. It allows consumers to defer high-value purchases over several monthly instalments without any additional interest charges. Popular e-complatforms such as Amazon, Flipkart, Ajio, TataCLiQ and more offer the no-cost EMI facility in collaboration with leading card issuers. But is it truly as beneficial as it seems? Let’s take a closer look at the benefits of no-cost EMIs and some key factors to consider when opting for it.How it works?Unlike regular EMI transactions that come with additional interest charges, no-cost EMI…