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Dalal Street saw a significant decline as the escalating trade war caused investor sentiment to fall. US tariffs led to a 34% retaliatory tariff by China, resulting in a sharp decrease in sensex and Nifty, with intense selling affecting auto, metal, and pharma stocks. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/b6ig5sV >

Oil prices hit their lowest since mid-2021, influenced by China's tariff retaliation against the US and OPEC+'s decision to increase production. This decline offers India an opportunity to lower fuel prices, easing inflationary pressures and reducing import costs. Lower fuel costs could benefit the economy and households. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/rZK3D84 >

Aditya Birla Group's UltraTech Cement is set to acquire Wonder Cement's white cement business for Rs 235 crore. This acquisition will enhance UltraTech's production capacity, leveraging Wonder Cement's strategically located plant and booming turnover in the competitive putty manufacturing market. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/s5WVA6L >

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 >