Business

Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Wednesday amidst ongoing uncertainty on Donald Trump’s tariff moves.

Reports of a new, cheaper UAE golden visa pilot program targeting Indian and Bangladeshi citizens have sparked excitement and confusion. Despite widespread circulation in Indian media, UAE authorities have not confirmed any policy changes.

President Trump is escalating trade tensions by issuing tariff letters to multiple countries, including Japan and South Korea, imposing duties ranging from 25% to 40%. He accuses these nations of unfair trade practices and threatens further increases if they retaliate.

President Trump announced potential trade deal with India amidst imposing reciprocal tariffs on several nations, including allies like Japan and South Korea. While India is spared from these tariffs, negotiations continue to finalize a bilateral trade agreement by Fall, aiming to reduce the trade deficit by increasing American arms and energy imports.

West Bengal is set to host a ‘Business and Industry Conclave’ after the Puja festivities, aiming to accelerate industrialization before the upcoming assembly elections. The state-level investment and synergy committee is preparing the roadmap, focusing on growth potential and employment. In the last three months, the committee has cleared proposals for 3,165 projects across various…

India and Australia are engaged in discussions regarding rare earth minerals, prompted by global concerns over potential supply shortages due to China’s export restrictions. These talks extend to copper, with interest from both private and public sectors in India, particularly given existing smelter capacity and investments. China’s dominance in magnet processing significantly impacts India’s automotive…