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Flurry of exports as firms race to beat Trump tariffs

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To counter Donald Trump's reciprocal tariffs, Indian companies, including Apple, significantly boosted goods exports to the US, close to last year's $437 billion target. Sectors like electronics, gems, and apparel saw a marked increase in shipments. India's total goods and services exports reached an estimated $800 billion for the fiscal year, with hopes of reduced uncertainty ahead. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/K2hXM0v

Delhivery to acquire Ecom Express in Rs 1,407 crore deal

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Delhivery is acquiring Ecom Express for ₹1,407 crore in an all-cash deal, marking a significant consolidation in the logistics sector. This move follows challenges faced by Ecom Express, which had to stall its public listing plans and lay off hundreds of employees. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Ao0ny27

Dalal Street caves in: Sensex slumps 931 pts, toll lower than peers

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Dalal Street saw a significant decline as the escalating trade war caused investor sentiment to fall. US tariffs led to a 34% retaliatory tariff by China, resulting in a sharp decrease in sensex and Nifty, with intense selling affecting auto, metal, and pharma stocks. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Kz5BFaG

Window opens for fuel price cut as US-China tariff war trips oil prices

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Oil prices hit their lowest since mid-2021, influenced by China's tariff retaliation against the US and OPEC+'s decision to increase production. This decline offers India an opportunity to lower fuel prices, easing inflationary pressures and reducing import costs. Lower fuel costs could benefit the economy and households. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/k7sD246

Trump tariff: Gain for leather, apparel, pain for carpets

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Indian manufacturers foresee growth in US revenues for leather goods, non-leather footwear, and textiles, driven by lower tariff rates compared to China, Vietnam, and Bangladesh. However, Indian carpet makers express concerns over the competitiveness of their products due to higher tariffs compared to Turkey, Azerbaijan, and Nepal, threatening their business margins. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/CbtzRNs

UltraTech buys Patni's putty biz for Rs 235 crore

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Aditya Birla Group's UltraTech Cement is set to acquire Wonder Cement's white cement business for Rs 235 crore. This acquisition will enhance UltraTech's production capacity, leveraging Wonder Cement's strategically located plant and booming turnover in the competitive putty manufacturing market. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Ne10tcR

Trump tariff: Officials set for all-nighter to assess impact

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Several officers in the commerce department in India are gearing up to assess the impact of US President Donald Trump's reciprocal tariffs on Indian exporters and businesses. A war room has been set up for this purpose, amid concerns about potential dents on margins and bargaining power shifts. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/8Jr0B36