The exodus of FPIs from the Indian equity markets continues as they pulled out Rs 21,272 crore in the first two weeks of this month, driven by global tensions after the US imposed tariffs on imports. This came following a net outflow of Rs 78,027 crore in January. With these, the total outflow by FPIs … Read more
Trump has finally made good on his long-time threat to both allies and rivals by announcing the implementation of reciprocal tariffs. The targeted countries include key trade rivals as well as partners — for example China, Canada, Mexico — which impose higher import duties on goods imported from the United States. He has previously declared … Read more
“There was an expectation that third quarter will be slightly better than first half. In the first half, if you remember, Nifty has shown a growth of about 3.5% on a year-on-year basis,” says Harsha Upadhyaya, CIO-Equity, Kotak AMC.First up, give us a sense of how quarter three has shaped up overall. What are you … Read more
The US decision to freeze foreign aid funding forces UN agencies like IOM and UNHCR to lay off thousands, affecting refugee resettlement. Over 3,000 IOM staff tied to the US programme are losing jobs, with UNHCR cutting 600 positions. The largest donor’s funding pause prompts life-saving work prioritization, halting many refugee-entry activities. Source link
Elon Musk called on Thursday for the United States to “delete entire agencies” from the federal government as part of his push under President Donald Trump to radically cut spending and restructure its priorities. Musk offered a wide-ranging survey via a videocall to the World Governments Summit in Dubai, United Arab Emirates, of what he … Read more
After announcing on Monday tariffs on all steel and aluminium imports beginning March 12, US President Donald Trump will announce reciprocal tariffs on every country that charges duties on US imports. His tariff plans have ratcheted up fears of a widening global trade war, drawing condemnation from Mexico, Canada and the European Union, while Japan … Read more
U.S. President Donald Trump. File | Photo Credit: Reuters U.S. President Donald Trump said Palestinians would not have the right of return to Gaza under his proposal to redevelop the enclave and would have a permanent place to live elsewhere, according to excerpts of his interview with Fox News released on Monday (February 10, 2025). … Read more
Amid rumours of a crack in friendship, US President Donald Trump called Elon Musk “terrific” and said he got “great help” from the tech magnate, whom he appointed to head the Department of Government Efficiency (DOGE) to cut federal spending. “I’ve had great help from Elon Musk, who’s been terrific. He’s not gaining anything. In … Read more
(This story originally appeared in on Feb 07, 2025) WASHINGTON: A US-funded transgender clinic in Hyderabad is among the thousands of programs fed into the “woodchipper” as Donald Trump‘s MAGA minions led by Elon Musk gutted USAID, the US government’s main foreign aid agency, summarily firing most of 10,000 plus work force in the US … Read more
After targeting Mexico, Canada, Panama, and Greenland, putting tariffs on China, and staking a claim to Gaza, what should Prime Minister Narendra Modi expect during his visit to Washington next week? Will US President Donald Trump’s moves to handcuff and deport Indian immigrants, threaten more tariffs on India and cancelling waivers for Chabahar port affect … Read more