India proposes cutting tariff gap with US to less than 4% from 13% to clinch trade deal with Donald Trump: Report

Trump declared a 90-day suspension of his planned reciprocal tariffs on global trading partners last month. India-US trade deal: India has proposed reducing its tariff differential with the United States to under 4% from the current 13%, seeking exemption from President Donald Trump‘s existing and future tariff increases, two sources familiar with the negotiations between…

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India-Pakistan tensions: Defence stocks surge over 5% as Operation Sindoor continues

The defence allocation in India’s budget for FY2026 is set at Rs 6.81 lakh crore. (AI image) Operation Sindoor impact on defence stocks: Defence-related stocks on Friday saw significant gains, with companies like Hindustan Aeronautics and Bharat Forge showing increases of up to 4% amid escalating tensions between India and Pakistan.Paras Defence recorded the highest…

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Operation Sindoor: Can Pakistan economically afford a protracted conflict with India as tensions escalate? Here’s a reality check

India-Pakistan tensions: Experts believe that for Pakistan, the consequences of a sustained military engagement would be considerably more damaging economically compared to India. (AI image) India and Pakistan tensions are escalating and even as Indian armed forces strike hard, the question is – can Pakistan even afford a large scale conflict with India? Pakistan is…

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Sensex slips, volatility expected to surge today

MUMBAI: News of India’s retaliatory strikeS on select Pakistani military assets in the intervening night of Wednesday and Thursday left investors jittery during the fag end of Thursday’s session.As a result, after treading steadily for most of the day, thesensex dived sharply during the closing hour and ended 412 points or 0.5% lower at 80,335…

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Operation Sindoor impact on stock market today: How will Nifty50, BSE Sensex react to rising India-Pakistan tensions?

Market uncertainty is likely to continue as participants monitor ongoing developments between India and Pakistan. (AI image) Operation Sindoor impact on Indian stock market today: Indian equity benchmark indices, Nifty50 and BSE Sensex, are expected to open in red on Friday after continued escalation of tensions between India and Pakistan. Indian stock market’s reaction to…

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Top stocks to buy today: Stock recommendations for May 9, 2025

Investec maintained its ‘sell’ rating on Punjab National Bankwith the target price cut to Rs 85 from Rs 90 earlier. Analysts said the bank’s net interest margin was weak while the return on assets outlook was softening. It reported slower loans growth due to lower retail/corporate disbursements.Analysts expect profitability moderation this year.Morgan Stanley maintained its…

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Reliance backtracks on Op Sindoor trademark

MUMBAI: Reliance Industries withdrew its application to trademark “Operation Sindoor” – the codename for India’s military strikes on terrorist infrastructure in Pakistan – on Thursday after facing social media outrage.On Wednesday, RIL filed an application with India’s patent registry under class 41, seeking to use the phrase for entertainment services like content creation, sporting activities,…

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