Jim Cramer (Pic credit X/ @jimcramer) Market commentator and CNBC host Jim Cramer– who warned that a potential market crash could be the worst one-day decline since 1987’s “Black Monday,”– urged long-term investors to stay the course amid the market turmoil caused by President Donald Trump’s sweeping tariff announcement. Speaking on Squawk on the Street…
Global bond yields have dropped sharply following US President Donald Trump‘s tariff announcement last Wednesday, as investors flock to safe havens amid stock market turmoil. According to CNBC, Germany’s 10-year bund –the benchmark for the euro area — saw a decrease from 2.72% on Wednesday to 2.59% by Monday afternoon. Just last month, the yield…
NEW DELHI: Govt on Monday raised the price of household LPG (liquefied petroleum gas) for all categories, including subsidised refills supplied to poor families under the ‘Ujjwala’ scheme, and increased the special additional excise duty (SAED) on petrol and diesel by Rs 2 per litre — dashing hopes of a fuel price cut by siphoning…
AI generated image means for representation purpose only Goldman Sachs has raised its forecast for the likelihood of a US recession to 45%, up from 35%, marking the second time in a week the investment bank has increased its odds amid growing concerns over the trade war. This adjustment follows heightened fears that tariffs proposed…
Of the top 15 richest people in the world, Warren Buffet is the only one to have seen an increase in his net worth Amidst the ongoing global market turmoil in 2025, one billionaire who stands out in the top 15 richest persons in the world is Warren Buffett. At a time when investors around…
Billionaires and business leaders Jamie Dimon and Bill Ackman cautioned against Donald Trump’s tariffs and its impact on the global economy as the trade war escalated affecting the stock markets across globe. Global markets reeled from the impact of tariff, and the turbulence extended to Wall Street as US markets opened to a sharp downturn…
Trading at the Pakistan Stock Exchange (PSX) was suspended for an hour on Monday as the benchmark KSE-100 index plunged by more than 8,000 points, primarily driven by the imposition of sweeping tariffs by the United States. Financial analysts cited concerns over a potential global recession as the key factor behind the dramatic fall in…
The European Union is urging India to eliminate tariffs on car imports under a long-pending trade deal, and Central government is reportedly willing to enhance its current offer to finalize the negotiations, sources told Reuters. India is open to gradually reducing tariffs to 10% from over 100%, according to two industry sources and a government…
NEW DELHI: The Central government on Monday increased excise duty by Rs 2 each on petrol and diesel.According to a notification released by the revenue department of ministry of finance, the excise duty on petrol was increased to Rs 13 per litre and that on diesel to Rs 10.While the order did not say what…
India’s merchandise exports to the United States are projected to decline by a staggering USD 5.76 billion this year, primarily due to the rise in tariffs imposed by the US. According to a report by the Global Trade Research Initiative (GTRI), exports from key sectors such as marine items, gold, electronics, and electrical products are…
