FDI in pharma sector crosses 19 cr last fiscal
India’s pharmaceuticals and medical devices sector has seen a FDI inflow to the tune of 11,888 crore rupees from April to December in the financial year ended on March 31,…
UN trade chief asks Trump to spare developing countries from new US tariffs
AMN As governments and global markets struggle to deal with the deep concerns and disruptions caused by volatility over trade tariffs, Rebeca Grynspan, the head of the UN trade and…
Trump’s Tariff Mania and Global Trade War
Asad Mirza The spate of tariffs announced against virtually the whole world has started taking its toll. With counter measures announced by some nations, led by China has further complicated…
US to launch separate tariffs on electronics imports
The US will impose separate tariffs on imports of smartphones, computers, semiconductors, and other components in the next one to two months. This was stated by US Commerce Secretary Howard…
US to exempt smartphones, computers imported to country from latest tariffs
The US has announced to exempt smartphones and computers imported to the country from the latest tariffs. According to a US Customs and Border Protection notice, the smartphones and computers…
India’s forex reserves surge by $10.8 billion to $676.26 billion
India’s foreign exchange reserves surged by 10.8 billion dollars, reaching over 676.2 billion dollars in the week ending April 4. According to the Weekly Statistical Supplement released by the Reserve…
Gold Prices Hit Record High Amid Trade War Tensions and Weakening US Dollar
Global gold prices surged to another record high last week following the escalating trade war tension and a weakening US dollar. Spot gold price in international markets jumped 6.4 percent…
FPIs Withdraw ₹38,535 Crore from Indian Markets in First Half of April Amid Global Volatility
Foreign investors pulled out 31,575 crore rupees from Indian equity markets in the first two weeks of April, amid rising global market volatility triggered by the ongoing tariff war. According…
Govt to invest Rs 10 lakh crore in highway development: Nitin Gadkari
AMN The government is planning to invest 10 lakh crore rupees over the next two years to strengthen highways across the country, with special focus on the Northeast and border…
Dollar will ‘always’ be ‘currency of choice’: Trump
AMN President Donald Trump has said the US dollar is “always” going to be the “currency of choice,” as investors fled what is typically considered a key haven currency amid…