BUSINESS
Trump Officially Imposes 25% Tariffs on All Steel and Aluminium Imports
Trump signed two proclamations concerning the sweeping tariffs, while expressing commitment to follow through on a plan to unveil "reciprocal" tariffs "over the next two days" -- duties on U.S. imports designed to match tariff rates that other countries impose on U.S. exports, according to Yonhap news agency.
JanDhan Accounts Cross 54.5 Crore by Jan 15, 57% Held by Women: Sitharaman
Talking to reporters on the eve of the 10th anniversary of the launch of the Pradhan Mantri Jan Dhan Yojana, Sitharaman said, “Our target is to open more than 3 crore PMJDY accounts during the current financial year.” She said that the PMJDY is one of the biggest financial inclusion initiatives in the world.
Govt’s Infra Spending Soars to ₹11 Lakh Crore in 2024 from ₹2 Lakh Crore in 2014: Scindia
Explaining the rationale of the budget, the Communications Minister told journalists that Prime Minister Narendra Modi considers the poor, farmers, women and youth as the only four castes in India and the Budget for 2025-26 focusses on empowering these four categories.
Gold Prices Hit Record High as Investors Turn to Safe Haven Amid Trade War Fears
As per India Bullion and Jewellers Association, price of 24-carat gold was Rs 8,537 per gram, 22-carat gold was at Rs 8,332 per gram.
Trump Vows 25% Tariffs on Steel, Aluminum Imports, Warns of More to Come
President Trump said on Sunday that he will announce the tariffs on Monday covering imports from all countries.
PLI Success, Rising Exports, Job Growth: BJP Counters Congress' Manufacturing Sector Claims
In the factsheet with which the fallacious claims were busted by Congress, BJP added that India was one of the fastest-growing major economies in the world and is witnessing a huge resurgence in the post-Covid era.
New Income Tax Bill to Be Tabled in Parliament Next Week
The bill, which was approved in the Cabinet meeting presided over by Prime Minister Narendra Modi on Friday, will be introduced in the Parliament next week before it is sent to the Parliament's Standing Committee on Finance.
India's Forex Reserves Climb for Second Straight Week, Gold Reserves Increase
The country's gold reserves rose by $1.242 billion to $70.893 billion during the week. SDRs went up by $29 million to $17.889 billion, the apex bank said.
India Poised to Achieve Record $800 Billion in Exports for FY25
According to the Union Commerce and Industry Minister, Piyush Goyal, exports have been growing and have risen significantly in the last four years.
India Capable of Achieving 7%+ Growth Rate, Says RBI Governor
Reserve Bank of India in its bi-monthly monetary policy on Friday projected 6.7 per cent growth for financial year 2025-26, up from 6.4 per cent estimated for the current fiscal.
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