India’s engineering exports are likely to face significant challenges following US President Donald Trump’s decision to impose a 50 per cent tariff on foreign steel and aluminium imports, according to the Engineering Export Promotion Council of India (EEPC).The new tariff, set to take effect from June 4, 2025, will apply to steel, aluminium, and their…
NEW DELHI: Luxury hotel chain Schloss Bangalore Ltd, which operates the iconic “The Leela” brand in India, made a subdued debut on the stock exchanges on Monday, listing at a discount of nearly 7% from its issue price.The stock listed at Rs 406 on the NSE and Rs 406.50 on the BSE, lower than the…
The FDA inspection revealed concerning issues, including fungal growth on food items. Expired goods and fungus on food – that’s what has led to Zepto warehouse in Dharavi facing an operating license suspension. The Food & Drug Administration department has suspended the operating licence of a Zepto warehouse in Dharavi after discovering major food safety…
“Both the US and India share good relations and we will continue to work together to resolve issues,” Piyush Goyal said. (AI image) India-US trade deal: India and the United States aim to provide preferential market access to their respective businesses, with teams from both nations actively collaborating on the proposed bilateral trade agreement, according…
Asian stocks tumbled Monday after US President Donald Trump reignited trade tensions by announcing a sharp increase in tariffs and accusing China of breaching a recent trade truce.Trump,on Friday said that, steel and aluminium tariffs would be doubled to 50% from 25%, claiming the move would further protect the US steel industry. He also accused…
Geo-political tensions are once again on the rise and comments from Trump administration on EU and China are also keeping market participants on edge. (AI image) Gold price prediction today: Investors face uncertainty regarding their gold investment decisions due to multiple factors affecting market sentiment. The ongoing geopolitical conflicts, coupled with evolving US-China trade negotiations,…
Xi Jinping, US President Donald Trump China “firmly rejected” the US’s “bogus charges and unreasonably” allegations of violating an agreement to reduce substantial trade tariffs between the two economic powerhouses.Following discussions between senior officials in Geneva last month, both nations had agreed to a 90-day temporary reduction in their significantly high tariffs.However, US commerce secretary…
Top stocks to buy (AI image) Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting June 2, 2025) are Radico Khaitan and JK Cement. Let’s take a look: Stock Name CMP (Rs) Target (Rs) Upside (%) Radico Khaitan 2547 3000 18% JK Cement 5465 6060 11%…
Campbell Wilson, Air India Tata Motors shed its “taxi” image after the acquisition of UK’s JLR when it started to churn out world class cars. Vistara’s merger into Air India could prove to be a similar moment for Air India as the Maharaja has crossed more than half way of the transition to become a…
MUMBAI: Bank lending to non-banking finance companies slowed sharply in April, with outstanding loans to the sector falling by Rs 25,512 crore to Rs 16.1 lakh crore. At the end of March 2025, bank credit to NBFCs stood at Rs 16.4 lakh crore, marking a modest growth of 5.7% in FY25.This was significantly lower than…
