Trump tariffs gut global trade
US President Donald Trump’s tough tariffs against select countries are likely to disrupt the existing global supply chains and the international financial ecosystem. It may encourage the emergence of murky national and business relations as was witnessed during the oil trade after the Russia-Ukraine war, and economic sanctions against Iran.
High risk mutual fund debuts
A game-changer for retail investors, who can invest at least Rs 1 million in a specific mutual fund, may emerge in the form of specialised funds, which take long and short positions, dependent on stock market movements. But it is a high-risk, high-reward temptation and not suitable for those who do not wish to take chances with their money.