BUSINESS
India More Resilient to US Tariff Shocks Compared to Other Nations: Report
In an emerging markets report, Moody's stated that India's economy enjoys relatively low external vulnerability, as evidenced by its external debt ratio against GDP of 19% and low dependence of exports to the US (only 2% of GDP). These provided resiliency against fluctuations in the global economy.
India’s Current Account Deficit to Stay in Safe Zone Through 2025-26: Report
Aspirations rise amidst increased pressure on the merchandise trade deficit of the nation, according to the report, there would be just a marginal increase in CAD with a projection at 1.3% of GDP in FY 2025-26 against 1% for 2024-25.
Manufacturing Sector Growth Hits 8-Month High in March: HSBC
The HSBC India Manufacturing Purchasing Managers' Index (PMI), prepared by S&P Global, rose to 58.1 in March, from 56.3 in February and 57.7 in January. During the previous months, the index was at 56.4 in December and 56.5 in November. A reading above 50 indicates expansion.
Goldman Sachs Forecasts Strong Growth for BSE Amid SEBI’s Index Options Market Reforms
This regulatory change is set to support BSE's market standing while reducing concentration risk in the segment.
India Set to Lower Tariffs Significantly, Says Donald Trump Ahead of 'Liberation Day' Deadline
"I believe I heard that India just a little while ago is going to be reducing its tariffs very substantially, and I said why didn't somebody do this a long time ago," Trump said.
India Inc Maintains Resilience Amid Rising Global Tariff Tensions: Report
The upgrade percentage also saw an increase, at 14% from the earlier 12% during the first half of the financial year. This upward surge was driven mainly by sectors that benefited from robust domestic demand and higher government spending.
NRI Remittances Reach Record $129.4 Billion in 2024, India Maintains Top Spot
Chasing India, China takes third place with $48 billion, the Philippines fourth at $40 billion, and Pakistan fifth at $33 billion, based on World Bank data collated by economists.
Sensex Dips Over 1,100 Points Amid Concerns Over US Reciprocal Tariffs
At 11:05 am, the Sensex fell 1,136.25 points, or 1.47%, to 76,260.90, and the Nifty declined 283.70 points, or 1.21%, to 23,231.20.
Commercial LPG Cylinder Prices Slashed by Rs 41, Offering Relief to Businesses
But the prices of domestic LPG cylinders, which are used for cooking in homes, have not been changed in this revision.
White House Calls for Reciprocity as India Imposes 100% Tariff on Agricultural Goods Ahead of April 2 Deadline
This comes amid criticism of nations such as India for charging high tariffs on US agricultural products, which, according to the White House, make it challenging for US exports to compete.
Don't Miss
Advertisement