155 PERCENT TARIFFS
US retail sales rises 1.7% MoM in March driven by gas price spike due to the Iran war
A spike in gas prices due to the Iran war, now in its eighth week, resulted in a hefty 1.7% gain in retail sales in March after a revised 0.7% increase in February, according to the Commerce Department's report on Tuesday. The report marks the first read on spending to capture the effects of the Iran war.
Union Budget 2026 Speech PDF Download: FM Nirmala Sitharaman’s full budget text
Union Budget 2026 Speech PDF: Finance Minister Nirmala Sitharaman unveiled the Union Budget 2026-27. The budget focuses on accelerating economic growth and enhancing productivity. Key proposals include scaling up manufacturing, boosting infrastructure, and supporting MSMEs. The government also aims to strengthen the financial sector and leverage emerging technologies. Citizen welfare and employment generation are central to the budget's vision for Viksit Bharat.
TRAI to review tariffs for domestic leased circuits after 11-year gap
The Telecom Regulatory Authority of India (TRAI) plans to review tariffs for domestic leased circuits (DLCs) for the first time in over a decade. DLCs are dedicated high-speed data lines used by banks, government offices, hospitals, data centres, and large companies for secure and reliable internet connections.
Ahead of Market: 10 things that will decide stock market action on Tuesday
Indian stock markets closed strongly on Monday. Banking, auto, and IT sectors led the gains. Nifty closed at 24,585.05, up by 0.91%. Sensex ended at 80,604.08, gaining 0.93%. Nifty regained its 100-DMA. Adani Enterprises and Tata Motors saw strong buying interest. Over 107 stocks hit 52-week highs. Hero Motocorp experienced selling pressure.
Pakistan's quiet solar rush puts pressure on national grid
Pakistanis are increasingly ditching the national grid in favour of solar power, prompting a boom in rooftop panels and spooking a government weighed down by billions of dollars of power sector debt. But the fall in national grid consumers has crept up on an unprepared government burdened by $8 billion of power sector debt, analysts say.
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US stocks nosedive after Fed keeps rates unchanged amid tariff uncertainty
US stock indexes saw a sharp decline after the Federal Reserve kept rates steady. Alphabet's shares significantly impacted Nasdaq. The Fed cited risks to inflation and unemployment goals. Traders anticipate a rate cut by July. Market awaits policy clues amidst trade tensions. Disney's stock rose, boosting the Dow. Trade discussions between the US and China are expected.

From Ambani to Adani: India's 4 richest billionaires lose over $10 billion in bloody Monday market crash
India’s top four billionaires lost $10.3 billion amid a steep market selloff driven by global trade tensions and US recession fears. Broader indices tumbled sharply, impacting sectors across the board. Despite global wealth erosion, Warren Buffett gained $12.7 billion, defying the bearish trend.

Donald Trump's core voter base may be the first to benefit as President urgently plans farmer bailout amid tariffs fallout
American farmers are facing losses due to global retaliatory tariffs. The Trump administration plans a relief package for them to counteract the impact. Retaliatory tariffs from countries like China and Canada have led to reduced U.S. agricultural exports and lower crop prices. The administration is working with lawmakers to arrange funding for long-term damage.

Stocks in news: Jindal Stainless, Asian Paints, CG Power, Bharat Forge, Samavardhana Motherson
Bharat Forge (BFL) has finalised a contract with the Ministry of Defence (MoD) to supply 184 units of the 155mm/52-calibre advanced towed artillery gun system (ATAGS).

‘Canada faces an existential threat’: A tearful Justin Trudeau bids farewell with a final swipe at Trump
Canadian Prime Minister Justin Trudeau has announced his resignation after nearly a decade in office, succeeded by Mark Carney. Trudeau criticized US President Donald Trump in his farewell speech for aggressive trade stances. Carney vows to continue a tough stance against Trump’s policies, emphasizing Canada’s resilience and unity amidst economic battles with the US.

'Please explain to Governor Trudeau...': Trump's big warning to Canada on tariffs after Justin's 'dumb' jibe
Trump tariff row: US President Donald Trump on Tuesday threatened to impose reciprocal tariffs on Canada's exports to match its retaliatory 25% duties targeting American exports. His jibe came after Justin Trudeau said Canada would plaster retaliatory tariffs on more than $100 billion of American goods in response to Trump's 25 percent tariffs.

‘No room left’: Donald Trump rejects last-minute deal to avert tariffs for Canada, Mexico, hikes China levy
President Trump announced there would be no eleventh-hour deal with Canada and Mexico to prevent sweeping tariffs, signing an order to increase duties on China as well. The tariffs set to impact over $918 billion worth of imports could raise consumer prices and affect economic growth. Canada and Mexico are prepared to retaliate with counter tariffs.

Warren Buffett warns Trump: Tariffs are ‘an act of war’— and the tooth fairy won’t save you
US President Donald Trump has announced significant tariffs on Canada, China, and Mexico. Warren Buffett described the tariffs as an 'act of war'. In response, Canada and Mexico plan to impose counter-tariffs. Trump also increased tariffs on China, with Beijing threatening retaliation. The situation is likely to escalate trade tensions globally.

51st state? Donald Trump’s closest advisor, Peter Navarro, threatens to redraw Canadian border amid President's talk of the country becoming next U.S. state
Peter Navarro, a key Donald Trump adviser, is pushing for border changes and other harsh measures against Canada, escalating tensions. Trump has repeatedly suggested that Canada become the 51st state of the United States, but Prime Minister Justin Trudeau has dismissed this claim. With trade disputes and security concerns escalating, negotiations between the two countries remain uncertain.

Donald Trump says tariff 'pain' will be 'worth the price'
President Trump has imposed new tariffs on Mexico, Canada, and China, citing national interests. Despite warnings of economic slowdown and higher consumer prices, Trump believes the measures are crucial. Retaliatory actions from Canada and Mexico are expected, escalating trade tensions globally. Trump continues to emphasize the need to end what he views as unfair trade practices against the US.

Bank of Japan hikes policy rates by 25 basis points to highest in 17 years
The Bank of Japan raised its interest rates to 0.5%, the highest level since the 2008 financial crisis, demonstrating confidence in stable inflation around the 2% target. The central bank's decision follows rising wages and aims to gradually increase rates to around 1%, amidst stable financial markets.

ET@Davos: Trump is setting us up for a giant crypto collapse, says Kenneth Rogoff
"The right response to Trump's tariffs is not to do anything. It hurts you more than it hurts the United States. India hurts itself far more by having tariffs than it's hurting any of India's competitors. I keep mentioning India, but India and Brazil are the two tariff kings and the U.S. proposes to pass India now with Trump's tariffs, says renowned economist, columnist and academic Kenneth Rogoff."

Will the tussle with Canada eat into India’s masur imports plan?
Amid the ongoing India-Canada diplomatic row, traders and dal millers across the country are keeping a close eye on the chain of events.

How Levi’s boosted sales during the pandemic and tackled global supply chain troubles
Harmit Singh, CFO at Levi Strauss & Co, says traditional industries bogged down in legacy systems are playing catch-up with nimbler companies. The jeans brand has embraced AI and ML to stay ahead of the curve.

Saudi Aramco, BlackRock sign $15.5bn gas pipeline deal
The deal signed on Monday underscores how Aramco -- the kingdom's cash cow -- is seeking to monetise its once-untouchable assets to generate revenue for the Saudi government as it accelerates efforts to diversify the oil-reliant economy.

What changed your markets while you were sleeping
Let's check out what might matter to Dalal Street all through the day.

What changed your markets while you were sleeping
Let's check out what all might matter to Dalal Street on Friday:

Eighteen stocks in focus in Thursday's trade
Indian markets are expected to trade in a range. Here is a list of eighteen stocks which are likely to remain in focus today.

India accepted restructuring of 336 MW Chukha Hydroproject in Bhutan
According to Bhutan Economic affairs minister Norbu Wangchuk, this payable may not be cleared out by India at one go, but in installments.

Bhutan wants India to accept tariff revision for hydropower from 336 MW Chukha Project
The Government of Bhutan has urged India to restructure tariff of Chukha power that can maintain or increase Bhutan's revenue earning.
Lufthansa, union reach wage deal
Lufthansa reached an agreement with the ver.di union, signaling an end to a week-long strike that resulted in numerous flight cancellations and delays, the airline and union said on Friday.
Lufthansa, union reach wage deal to end strike
Lufthansa reached a wage agreement with the ver.di union, signaling an end to a strike that led to numerous flight cancellations and delays, the airline and union said on Friday.
India still a sour grape for world's wine-makers
The quality of Indian wine varies enormously, with the better regarded vineyards relying on French and American experts. Invest in wine | High-end whiskies
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