The US Supreme Court’s decision to strike down President Donald Trump’s reciprocal tariffs under the International Emergency Economic Powers Act (IEEPA) has set the stage for another reset in global trade dynamics, with immediate implications for India and other emerging markets. Emkay described the development as likely to trigger a trade reboot, noting that while…
As global trade and geopolitics become increasingly intertwined, the India–US trade deal marks a pivotal moment in relations between the two countries. What has been presented as a routine tariff adjustment is, in reality, a carefully balanced exchange involving market access, energy choices, and strategic priorities. With a combined GDP of nearly $33 trillion, even…
Newsmakers of D-Street The India-US trade deal gave a fresh thrust to the domestic stock markets which ended with thumping gains across sectors. Financials, auto, realty and chemicals were top sectoral performance while RIL and HDFC Bank were biggest individual contributors for headline indices. While Nifty ended at 25,727.55, gaining 639.15 points or (2.55%, the…
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…
January 9, 2026January 9, 2026 The US–India trade deal stalled at the final stage due to a missed political signal, US Commerce Secretary Howard Lutnick has claimed. According to Lutnick, the agreement was ready but required a direct call from Prime Minister Narendra Modi to US President Donald Trump…
The Indian market closed lower on Tuesday, with the Sensex and Nifty extending their decline for a second straight session, as persistent foreign portfolio outflows and a weakening rupee kept investors on edge. Lingering uncertainty over a potential U.S. trade deal added to the cautious mood on Dalal Street. The S&P BSE Sensex fell 533…
Rare earth PSU stock Gujarat Mineral Development Corporation (GMDC) climbed as much as 3.2% on Wednesday to hit a 52-week high of Rs 472.4 on the BSE, extending its sharp five-session rally to nearly 25%. The surge in share price came amid heightened interest in rare earth companies, driven by trade developments out of China…
The Indian market ended higher on Tuesday, lifted by advances in financial and IT stocks, after U.S. President Donald Trump delayed the rollout of new tariffs to August 1 and imposed fresh levies on several trading partners but signalled that a trade deal with India was near, saying the two countries were “close to a…
The Indian stock market ended higher on Friday, marking its third consecutive weekly gain, supported by optimism over a potential India-U.S. trade deal and steady foreign inflows, as foreign portfolio investors continued their buying streak for the 11th straight session. The benchmark BSE Sensex added 259.75 points or 0.32% to close at 80,501.99, while the…