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Trump Criticises High Tariffs Charged By India, Announces Reciprocal Tariffs From April 2

Trump Criticises High Tariffs Charged By India, Announces Reciprocal Tariffs From April 2

5 March 2025

New York/Washington, Mar 5 (PTI) US President Donald Trump criticised the high tariffs charged by India and other countries, terming them as “very unfair” and announced reciprocal tariffs from April 2 on nations that impose levies on American goods. Trump made these remarks in an address to the Joint Session of the Congress on Tuesday. …

Jabil to Set Up Silicon Photonics Plant in Gujarat

Jabil to Set Up Silicon Photonics Plant in Gujarat

5 March 2025

Gandhinagar, Mar 5 (PTI) US electronics manufacturing company Jabil has plans to set up a silicon photonics manufacturing factory in Gujarat, a senior official of the company said on Wednesday. While speaking at IESA Vision Summit, Jabil, Executive Vice President, global business unit, Matt Crowley said that the company has decades of experience in silicon …

How the US Tariff War Could Present Opportunities for India

How the US Tariff War Could Present Opportunities for India

5 March 2025

The escalating trade war under US President Donald Trump has introduced a wave of economic uncertainty across global markets. However, a recent report suggests that this turmoil may open doors for India by improving its market access in the US. With the US imposing steep tariffs on agricultural imports, India, which is currently negotiating a …

Closing Bell: Nifty & Sensex Closed in Green; Adani Ports Leads Gainers on March 5, 2025

Closing Bell: Nifty & Sensex Closed in Green; Adani Ports Leads Gainers on March 5, 2025

5 March 2025

On March 5, 2025, the BSE Sensex ended in the green, closing at 73,730.23, up by 1.01%, and the NSE Nifty50 closed at 22,337.30, up by 1.15%. Sectoral Performance On Wednesday, none of the Nifty sectors ended in the red. Nifty Midsmall IT & Telecom, Nifty Metal, and Nifty Media ended in green. Nifty Midsmall IT & …

China Targets 5% GDP Growth for 2025 Despite US Tariffs

China Targets 5% GDP Growth for 2025 Despite US Tariffs

5 March 2025

China has announced an economic growth target of approximately 5% for 2025, a figure consistent with its objectives over the past two years. However, meeting this goal may prove more challenging due to increasing global uncertainties, particularly higher tariffs imposed by the United States. The target, revealed during the opening session of China’s annual legislative …

Trump Announces Reciprocal Tariffs on India and China from April 2 – But Why Not April 1?

Trump Announces Reciprocal Tariffs on India and China from April 2 – But Why Not April 1?

5 March 2025

In his first address to Congress after commencing his second term, United States President Donald Trump reiterated his strong stance on tariffs. He criticised what he described as “unfair” trade practices by several countries, particularly highlighting India and China for imposing high duties on American goods. Trump underscored that the U.S. has long been subjected …

Bombay HC Extends Stay on FIR Order Against Madhabi Puri Buch and Others for 4 Weeks

Bombay HC Extends Stay on FIR Order Against Madhabi Puri Buch and Others for 4 Weeks

5 March 2025

The Bombay High Court has temporarily halted the registration of a First Information Report (FIR) against former Securities and Exchange Board of India (SEBI) Chairperson Madhabi Puri Buch and 5 others. This stay, which will remain in effect for at least 4 weeks, follows concerns over procedural lapses in the special court’s decision. Special Court’s …

IMF Raises Concerns Over Indian NBFCs’ High Exposure to Power and Infrastructure

IMF Raises Concerns Over Indian NBFCs’ High Exposure to Power and Infrastructure

5 March 2025

The International Monetary Fund (IMF) has expressed concerns about financial stability risks in India arising from the substantial exposure of Non-Banking Financial Companies (NBFCs) to the power and infrastructure sectors. In its latest report, the IMF warns that vulnerabilities in these sectors could trigger systemic financial distress due to the interconnected nature of NBFCs, banks, …

Meir Commodities Filed DRHP With SEBI to Raise Funds Via IPO

Meir Commodities Filed DRHP With SEBI to Raise Funds Via IPO

5 March 2025

Meir Commodities India Ltd has filed the draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise funds via an initial public offering (IPO). The equity shares of Meir Commodities are expected to be listed on the NSE and BSE Limited. Meir Commodities India IPO Details As per the …

SEBI Released Annual Accounts for 2023-24: Total Income Rose 48% YoY

SEBI Released Annual Accounts for 2023-24: Total Income Rose 48% YoY

5 March 2025

The capital market regulator, the Securities and Exchange Board of India (SEBI) released its annual accounts for 2023-24, whereby, the total income of the regulator surged by 48% YoY to ₹2,075 crore. The growth in total incomes was backed by higher earnings from fees and subscriptions. Out of the total income, SEBI earned ₹1,851.5 crore …

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