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business

India, US edge closer to trade deal as PMO steps in

The move, coming just a day before US reciprocal tariffs take effect on April 2, marks a significant push towards resolving longstanding trade disputes.

Tata Steel awards key contracts for £1.25 bn green steel project in South Wal

Over 300 skilled jobs in the local supply chain will be part of new contracts signed with Bridgend-based companies Darlow Lloyd and Sons, Wernick Buildings, and Swansea-based business, Andrew Scott Ltd.

Indian RAC market to witness surges this summer

So far in FY 25, the AC industry has seen a good demand amid rising temperatures and increasing disposable incomes.

Morgan Stanley report.

India set to dominate as world’s leading consumer market: Morgan Stanley report

Rising economic fundamentals, a strong manufacturing sector, and a growing middle class position India as a key player in the global economy despite external challenges.

India’s steel industry unaffected by US tariffs, says top official

India's steel industry remains largely unaffected by Trump's tariff hike from 10% to 25%, as exports to the US are minimal, and the domestic market remains strong, per steel secretary Sandeep Poundrik

Global financial markets

Trump’s trade war rattles global markets: Wall Street sell-off sparks recession fears

As investors braced for economic fallout from Trump’s tariff policies, technology stocks bore the brunt of the downturn, with the Nasdaq Composite suffering its worst single-day loss since 2022, plunging 4%.

FM SItharaman says GST rates will come down further

The GST Council, headed by Sitharaman and comprising her state counterparts, in September 2021, set up a group of ministers (GoM) to rationalize GST rates and suggest changes in slabs. The GoM comprises finance ministers of 6 states.