“Fundamentally, the result delivery, especially from Nifty companies has been pretty decent, like most of the heavyweights have reported either good or in line numbers, disappointments are few and far between,” says Sandip Sabharwal, asksandipsabharwal.com.It is going to be quite the lifetime experience, I guess, this week also for markets. A) the market positioning, the … Read more
Stocks in Asia saw a muted open after Donald Trump’s tariff plan roiled emerging markets in the previous session. Equities opened higher in Sydney, while dipping in Tokyo and Seoul. US equity futures were little changed after the S&P 500 rose for a seventh day to notch its 52nd record this year. A Bloomberg gauge … Read more
For the first two decades of the 21st century, many consumer products on America’s store shelves got less expensive. A wave of imports from China and other emerging economies helped push down the cost of video games, T-shirts, dining tables, home appliances and more. Those imports drove some American factories out of business, and they … Read more
ICICI Bank, India’s second-largest bank by market capitalisation, has recently announced that it will revise the charges for some of its services for customers. These changes will be effective from May 1, 2024. The bank will be making changes to charges related to ATM usage, debit cards, cheque books, IMPS, stop payment, signature attestation, and … Read more
The prevailing electricity tariffs in the State will be valid up to July 31 this year, according to a new order issued by the Kerala State Electricity Regulatory Commission on Friday. Electricity tariffs were last revised in the State in June, 2022. After their validity expired on March 31 this year, the Commission extended it … Read more
The United States is continuing to look at the tariffs on China introduced by the Trump administration, White House Press on Thursday. “There is an ongoing review of that,” White House Press Secretary Jen Psaki said in a press briefing when asked to what extent the administration is looking at cutting tariffs on Chinese goods … Read more
President Joe Biden is hinting that he could make a change to the steel and aluminum tariffs originally imposed during the Trump administration. Asked Sunday at a news conference how Biden justified the tariffs to European allies now that Trump is out of office, Biden suggested that future action could be taken without specifying what … Read more
BEIJING: China on Monday called for a reset of its troubled ties with the US under the incoming administration of President-elect Joe Biden to rebuild mutual trust and end months of hostility between the world’s two largest economies. President Donald Trump‘s four-years in power is regarded as the worst phase in US-China relations as the … Read more
The splintering of the global tech supply chain that began during President Donald Trump’s watch looks set to persist under his successor. Apple Inc., the largest of the many tech giants that rely on Chinese factories to make their gadgets, will move some production of its iPads and MacBooks to Vietnam. Key assembly partner Hon … Read more
Mexico is ready to hit the U.S. where it hurts: Corn. Mexico is one of the top buyers of American corn in the world today. And Mexican senator Armando Rios Piter, who leads a congressional committee on foreign relations, says he will introduce a bill this week where Mexico will buy corn from Brazil and … Read more