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US President Donald Trump announced new reciprocal tariffs to counter high duties charged on US goods by foreign countries. With tariffs on countries like China, India, and the EU, the move aims to rebalance trade. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/dfTGuCm >

Ratan Tata, who passed away in October 2024, left nearly Rs 3.5 crore for his house helps and office staff, waived off their loans, and ensured his belongings benefited the underprivileged. He bequeathed substantial amounts to his long-time cook, butler, and driver, canceled loans, and directed funds for his executors and domestic servants. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/6PtGm0z >

The Indian government is closely monitoring the US reciprocal tariffs, which are expected to impact exports and demand. Trade experts anticipate higher duties on Indian goods, including agricultural products, to be a strategic move by the US in bilateral talks. India plans to push forward with trade negotiations to counter the tariff impacts. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/LMnPT47 >

Mobile phone manufacturers like Foxconn and the Tata group have urged the Indian government to reduce import duties from the US to 0%, fearing business loss to China and Vietnam if reciprocal tariffs are imposed. The companies emphasize an urgent bilateral agreement with the US, highlighting the potential shift in production locations if tariffs increase. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/vQTGcU9 >

India's public sector banks are expected to see a significant profit boost due to a new RBI directive. This allows banks to book profits on security receipts from bad loans sold to NARCL, potentially adding Rs 20,000 crore to their earnings. The change increases liquidity and acknowledges the value of government-backed SRs. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/NWjBYA7 >

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/YFbc9lo >