Renowned economist Jeffrey Sachs launched a scathing attack on Donald Trump‘s tariff strategy, calling the US president’s trade policies so “delusional” that even Mickey Mouse would know better.Not mincing any words, Sachs delivered a harsh critique of Donald Trump’s trade policies, declaring that Trump’s understanding of trade is so fundamentally flawed that “he wouldn’t pass…
NEW DELHI: Indian toy exporters are looking to tap into a “golden opportunity” created by the US imposing high tariffs on Chinese goods, as more American buyers search for alternative suppliers to reduce their dependence on China.“The US is a big market for toys and we will be benefited if China is subjected to high…
Investors are set to closely track a combination of domestic and global cues this week, with corporate quarterly earnings, foreign institutional investor (FII) activity, and potential tariff-related developments from the US expected to steer equity market sentiment, analysts said.According to experts, stock-specific action driven by fourth-quarter and annual results for FY25 will continue to dominate,…
The combined market capitalisation of India’s ten most valued companies soared by Rs 3,84,004.73 crore last week, driven by a strong rebound in equities, with HDFC Bank and Bharti Airtel emerging as the top gainers.The BSE benchmark Sensex rallied 3,395.94 points or 4.51 per cent, while the NSE Nifty surged 1,023.1 points or 4.48 per…
Foreign Portfolio Investors (FPIs) made a strong comeback to Indian equities last week, pumping in nearly Rs 8,500 crore amid signs of renewed confidence driven by India’s economic resilience and relative immunity to global trade shocks.During the holiday-shortened trading week ended April 18, FPIs made net investments of Rs 8,472 crore in the equity markets,…
Markets regulator Sebi has found “no manufacturing activity” at Gensol Engineering’s electric vehicle (EV) facility in Pune, with only 2–3 labourers present during a site visit by a National Stock Exchange (NSE) official. The findings are part of Sebi’s interim order dated April 15, issued in response to a complaint from June 2024 alleging share…
Representative image (Picture credit: AP) Commercial plane prices are set to rise as aviation giants are facing added pressure amid US President Donald Trump’s tariff push against global trade.The cost of planes has already soared by about 30 per cent since 2018, largely due to post-pandemic supply chain issues and rising input costs. Additionally, materials…
MUMBAI: Global coffee giants Starbucks and Tim Hortons have a new competitor in India – Asian rival Kopi Kenangan. The Indonesian brand, valued at over $1 billion, plans to capitalise on the growing cafe culture in the country with pricing lower than its competitors and a menu localised to cater to the Indian palate. “For…
MANESAR: India’s electronics manufacturing and export prowess have grown multi-fold in the last decade driven by enabling policies and incentives and the Made-in-India products now command global recognition, given their reliability and respect for IP rights, Union minister Ashwini Vaishnaw said on Friday.Vaishnaw said electronics manufacturing in India has risen five-fold in the last decade…
BENGALURU: The National Company Law Appellate Tribunaldismissed attempts by Byju’s founder Byju Reveendran’s brother Riju Ravindran and cricket body BCCI to withdraw insolvency proceedings against the edtech firm without creditor approval.This decision reinforces the authority of the committee of creditors (CoC) in thecorporate insolvency case.NCLAT upheld an earlier decision by the Bengaluru bench of the…
