(Reuters) -India’s auto shares jumped more than 3% on Tuesday and were set for their best day since early January, after U.S. President Donald Trump suggested he might grant exemptions on auto-related import tariffs. Speaking on Monday at the White House, Trump said he was considering a modification to the 25% tariffs imposed on foreign …
Indian auto stocks jump 3% after Trump floats tariff exemptions Read More »
MUMBAI (Reuters) – The Indian rupee is poised to open marginally higher on Tuesday as the U.S. dollar faces headwinds from renewed trade policy ambiguity and with risk sentiment on the mend. The 1-month non-deliverable forward indicated that the rupee will open at 85.96-85.98 per dollar compared with its close of 86.04 on Friday. The …
Rupee likely to inch up, dollar drifts amid US tariffs crosswinds Read More »
By Dharamraj Dhutia and Jaspreet Kalra MUMBAI (Reuters) – Global volatility sparked by fluctuating U.S. tariff policies will remain in focus for the Indian rupee this week, even as a battered dollar offers some comfort, while government bond yields may ease on central bank bond buying. The rupee closed at 86.04 on Friday, down 0.9% …
US tariff fluctuations to drive rupee; bond yields may ease on central bank debt buy Read More »
By Rishika Sadam HYDERABAD (Reuters) -The India launch of Eli Lilly’s popular weight-loss drug Mounjaro has triggered a huge wave of patient enquiries about its availability, with some Indian doctors fielding hundreds of calls about the medicine, according to a Reuters survey. The survey of 18 doctors, patients and weight-loss clinic operators follows the U.S. …
Eli Lilly’s Mounjaro launch in India ignites wave of weight-loss enquiries Read More »
By Lawrence Delevingne and Alun John BOSTON/LONDON (Reuters) -U.S. shares gained on Monday, while the dollar dipped, after the White House exempted smartphones and computers from U.S. tariffs but President Donald Trump said semiconductor levies were likely. The Dow Jones Industrial Average and the S&P 500 both gained about 0.8%. The Nasdaq Composite added about …
US stocks, Treasuries rebound but dollar dips amid tariff uncertainty Read More »
By Brijesh Patel (Reuters) – Gold prices dipped on Monday, retreating from a record high hit earlier in the day, as risk appetite improved after the White House exempted smartphones and computers from steep tariffs on China. Spot gold was down 0.7% at $3,213.69 an ounce, as of 01:52 p.m. ET (1752 GMT), after hitting …
Gold takes a breather after record run as risk sentiment improves Read More »
By Rajendra Jadhav MUMBAI (Reuters) – India’s exports of cut and polished diamonds plummeted to their lowest level in nearly two decades in the 2024/25 fiscal year, which ended in March, on sluggish demand from the United States and China, a leading trade body said on Monday. India is the world’s largest cutting and polishing …
India’s polished diamond exports hit two-decade low, industry group says Read More »
By Abhijith Ganapavaram NEW DELHI (Reuters) -India and China have held one round of talks on resuming direct passenger air services, but no dates have been fixed yet, New Delhi said on Monday, as relations continued to thaw five years after a deadly border clash. The neighbours agreed in January to work on resolving trade …
India and China discuss resuming flights, no date set Read More »
By Aditya Kalra and Tanvi Mehta NEW DELHI (Reuters) -Fugitive jeweller Mehul Choksi has been arrested in Belgium and will file an appeal for release, his lawyer told Reuters on Monday, seven years after details of his involvement in one of India’s biggest bank frauds became public. The Indian government had sent a request for …
Indian jeweller Choksi accused in nearly $2 billion bank fraud case arrested in Belgium Read More »
(Corrects data release date to April 15 from April 14 in bullets and paragraph 11) By Pranoy Krishna BENGALURU (Reuters) -India consumer prices likely rose around the same rate in March as they did in February following four months of declining inflation, as a sharp rise in gold prices offset flat food prices, a Reuters …
India inflation in March likely steady after four months of decline Read More »
