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NEW DELHI: Domestic drugmakers are set to gain clarity under the proposed India-US trade agreement, sharpening expansion plans in the world’s most lucrative pharmaceutical market. While the sector was insulated from punitive US tariffs, the generics business of major companies including Sun Pharma, Dr Reddy’s and Cipla faced significant headwinds in the third quarter ended…
This image is just for representation purpose only (AI-generated) Stock investors became richer by Rs 12.10 lakh crore on Tuesday as benchmark equity indices staged a sharp rally, buoyed by optimism over the India–US trade deal that lowered tariff uncertainty and improved sentiment across global and domestic markets.The 30-share BSE Sensex closed at 83,739.13, up…
India will restrict crude oil purchases from Russia and limit imports only to cases where supplies are irreplaceable, as part of a broader understanding reached with the United States to secure lower trade tariffs, sources quoted by news agency PTI claimed.While no immediate blanket ban is planned, Indian refiners will not place fresh orders for…
India-US trade deal (AI image) India-US trade deal: While the announcement of India-US trade deal brought a welcome relief rally in domestic stock markets and cheered exporters, a lot still remains unknown about the key details of the trade agreement. The biggest takeaway from US President Donald Trump and Prime Minister Narendra Modi’s social posts…
NEW DELHI: Union finance minister Nirmala Sitharaman on Tuesday said that the announcement of an agreement between India and the US is on the “reduction in tariffs” and that details of the trade deal between the two countries will have to be announced and worked out.“It’s very good news. So it’s a reduction in tariff….
Vladimir Putin, Narendra Modi (PTI image) Russia on Tuesday clarified that it has not received any official communication from India indicating that New Delhi plans to stop buying Russian oil, pushing back against claims made by US President Donald Trump following the announcement of a new India–US trade deal.The Kremlin’s clarification came a day after…
PM Modi-Trump (File photo) US President Donald Trump announced a breakthrough India–US trade deal, unveiling a sharp cut in tariffs on Indian exports to 18% and signalling a fresh momentum in bilateral economic ties. Prime Minister Narendra Modi welcomed the announcement, calling it a boost for cooperation between the world’s two largest democracies.The deal comes…
Stocks that will benefit from India-US trade deal (AI image) India-US trade deal impact on stock market: Reversal of FII outflow, rupee recovering lost ground, general improvement in sentiments towards Indian equities,) return of confidence for FDI, and retracement of India’s underperformance vs. EM peers, etc – these are some of the potential major benefits…
NEW DELHI: The Congress on Tuesday urged the Centre to “take the Parliament and the entire country into confidence” over details of the India-US trade agreement after US President Donald Trump publicly announced and outlined its key components. Adding Indians have the right to know the full terms of the pact.In a post on X,…
Stock market today (AI image) Stock market today LIVE after India-US trade deal: Nifty50 and BSE Sensex soared in opening trade on Tuesday, reacting positively to the India-US trade deal announcement by US President Donald Trump and Prime Minister Narendra Modi. While Nifty50 went above 25,800, BSE Sensex surged over 2,300 points. At 9:16 AM,…
