Markets slump on Trump tariff worries; Sensex tanks over 1,200 points

Markets slump on Trump tariff worries; Sensex tanks over 1,200 points

Tuesday, 01 April 2025 | PTI | Mumbai

Equity benchmark indices slumped on Tuesday dragged by blue-chip stocks amid heightened uncertainty about US President Donald Trump's reciprocal tariffs. After a weak beginning, the 30-share BSE benchmark Sensex further tanked 1,233.95 points to 76,180.97 in late morning trade. The NSE Nifty dropped 321.5 points to 23,197.85. From the Sensex pack, Bajaj...

India’s external debt rises to $717.9 Billion

Tuesday, 01 April 2025 | Press Trust of India | New Delhi

India’s external debt increased by 10.7 per cent to $ 717.9 billion at the end of December 2024 from $ 648.7 billion in December 2023, as per the data released by the finance ministry. On a quarter-on-quarter basis, there is a 0.7 per cent increase in external debt from the level...

FM to launch 'NITI NCAER States Economic Forum' portal on April 1

FM to launch 'NITI NCAER States Economic Forum' portal on April 1

Monday, 31 March 2025 | PTI

Finance Minister Nirmala Sitharaman will launch the "NITI NCAER States Economic Forum" portal on Tuesday providing access to a comprehensive repository of data on social, economic, and fiscal parameters of states spanning over three decades till financial year 2022-23. The portal, developed by NITI Aayog, in collaboration with the National Council...

Indian Liquor manufacturers urge Odisha to end discrimination

Indian Liquor manufacturers urge Odisha to end discrimination

Monday, 31 March 2025 | Pioneer News Service | Bhubaneshwar

The domestic liquor manufacturers have urged the new BJP Government in Odisha to end discrimination against Indian alcoholic beverage products by withdrawing special tax concessions given to the foreign brands by the previous Government and allowing them a level playing field. The Indian liquor-makers have requested Chief Minister Mohan Charan Majhi...

Inbrief

Monday, 31 March 2025 | Agencies

10th International Agarbatti and Perfume Expo 2025 to be held at Yashoobhoomi, Dwarka in delhi New Delhi: Incense Media, the trailblazer in the world of incense and fragrances and India’s leading B2B media hub for the industry, announced the mega event-the 10th International Agarbatti & Perfume Expo 2025. The event will...

Yes Bank gets Rs 2,209 crore tax demand notice

Monday, 31 March 2025 | Press Trust of India | New Delhi

Yes Bank on Saturday said it has received a demand notice of Rs 2,209 crore for the assessment year 2019-20. The said assessment year was reopened by the income-tax department in April 2023, Yes Bank said in a regulatory filing. The reassessment order was passed by the National Faceless Assessment Unit of...

Haldiram partners with Temasek

Monday, 31 March 2025 | Press Trust of India | New Delhi

Haldiram has entered into an agreement with Temasek as part of which the Singapore — headquartered global investment firm will “acquire an equity stake from the existing shareholders” of India’s largest packed snack and sweets company and restaurant operator, according to a statement issued on Sunday. It did not disclose details...

Tata AutoComp to buy 80 per cent stake in Artifex

Monday, 31 March 2025 | Press Trust of India | New Delhi

Tata AutoComp Systems Ltd on Sunday said it will acquire 80 per cent stake in Artifex Interior Systems Ltd, a part of the Jaguar Land Rover group, for an undisclosed sum. On completion of this transaction, Artifex, with revenue of GBP 296 million (FY25), will join the TATA Autocomp (TACO)...

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