Explained: How Reliance Industries benefits from India‑US trade deal and why the stock went up 7%
Billionaire Mukesh Ambani backed Reliance Industries shares jumped 7% to the day’s high of Rs 1,489 on BSE on Tuesday after American President Donald Trump signalled that India will start buying crude oil from Venezuela as part of a landmark trade deal under which tariffs have been cut from 50% to 18%. India has not…