President Donald Trump has spoken with representatives from India, Vietnam, and Israel to open talks on trade deals that may ease the impact of tariffs set to take effect next week, CNN reported on Saturday (IST). This outreach marks the first wave of diplomatic engagements since Trump announced blanket tariffs on more than 180 nations and reciprocal tariffs on Thursday. The reciprocal tariffs are scheduled to be enforced from 12:01 am ET on April 9 as part of Trump’s aggressive
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JPMorgan Chase & Co. said it expects the US economy to fall into a recession this year after accounting for the likely impact of tariffs announced this week by the Trump administration. “We now expect real GDP to contract under the weight of the tariffs, and for the full year (4Q/4Q) we now look for real GDP growth of -0.3 per cent, down from 1.3 per cent previously,” the bank’s chief US economist, Michael Feroli,
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Shares of Crisil, Ashiana Housing, Siemens, Pervasive Commodities, and Enbee Trade & Finance are set to remain in focus during next week’s trading session due to corporate announcements. Among them, Crisil and Ashiana Housing will gain the spotlight as they will trade ex-dividend, while Pervasive Commodities and Enbee Trade & Finance will trade ex-date next week for the subdivision (stock-split). Meanwhile, Siemens will trade ex-date following the announcement of its spin-off. According to the data
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IPO calendar for next week: The ongoing drought in Indian primary markets is set to persist for another week, as no new public offerings are scheduled to open for subscription in the mainline segment. This marks a continuation of the current lull, with the small and medium enterprises (SME) platform also remaining largely inactive. However, there will be listings of shares from three companies in the SME segment. Drought in the mainline segment continues The mainline segment has
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Indian markets have been on edge over the last two sessions after US President Donald Trump’s reciprocal tariffs on over 180 countries, including India, rocked global markets. The US reciprocal tariff of 26 per cent on India is higher than expected, but is relatively lower than that levied on other Asian countries like China (34 per cent), Vietnam (46 per cent), Thailand (36 per cent), Indonesia (32 per cent) and Bangladesh (37 per cent) which compete with India
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