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US stocks edged lower on Friday as a turbulent week marked by tariff threats and reversals headed toward a calmer finish, with investors turning cautious amid limited clarity on trade and geopolitical signals.In early trade, the S&P 500 slipped 0.1%, while the Dow Jones Industrial Average fell 258 points, or 0.5%, AP reported. The Nasdaq…
NEW DELHI: The European Union has renotified the list of products on which preferential tariffs for Indian goods will continue until Dec 2028, officials said.Over the years, benefits for Indian exports under the generalised system of preferences (GSP) have been reduced and around 47 per cent of India’s exports to the EU, valued at $35.6…
US equities moved higher on Thursday, clawing back more of the losses from earlier in the week, after President Donald Trump stepped back from tariff threats linked to Greenland, easing concerns over a widening transatlantic trade rift.In early trade, the S&P 500 rose 0.7%, adding to Wednesday’s strong rebound. The Dow Jones Industrial Average gained…
Budget 2026 assumes significance – how will the Modi government insulate the Indian economy from the impact of Trump’s trade tariffs? (AI image) Finance Minister Nirmala Sitharaman will present the Union Budget 2026 at a time when the global economy is facing headwinds from the trade war unleashed by US President Donald Trump. India has…
Asian stocks climbed Thursday following a relief rally in the United States after President Donald Trump stepped back from his threat to impose tariffs on several European countries over their opposition to a US takeover of Greenland. Safe-haven metals, including gold and silver, extended their losses.Asian markets were broadly higher, with Tokyo’s Nikkei 225 rising…
Budget 2026 Expectations Live: Key expectations of M&A sector “From an M&A taxation perspective, in cross border share swaps, many times employee stock options are also swapped. While share swaps done by way of tax neutral mergers enjoy a tax exemption, stock options do not enjoy similar exemption, which raises issues around taxability for employees…
File photo: US President Donald Trump (Picture credit: AP) US President Donald Trump on Thursday said the United States is set to receive around $600 billion in tariff revenue, adding that the figure is expected to be “much more than that” next year. Trump made the remarks while addressing the World Economic Forum (WEF) Summit…
US President Donald Trump on Wednesday waived tariffs scheduled to hit European allies after claiming that he had reached a framework for a deal over Greenland. In a social media post on Truth Social, Trump said the tariffs that had been scheduled to take effect on February 1 would no longer go ahead. “Based upon…
Rattled by US President Donald Trump’s remarks linked to Greenland, the European Union is weighing possible countermeasures against Washington, reviving debate over its so-called “trade bazooka” — a powerful but rarely used economic tool formally known as the Anti-Coercion Instrument (ACI).While the issue has resurfaced at the highest political levels, most of the EU’s 27…
As global tariff uncertainty reshapes trade flows, leaders from the recycling industry have urged policymakers to prioritise open markets and ease cross-border movement of scrap and reusable materials in the Union Budget 2026, arguing that unrestricted trade is critical to building a resilient circular economy.Speaking at the International Material Recycling Conference (IMRC) 2026 here, industry…
