The US Senate's approval of a bill allowing tariffs of up to 100 per cent on major importers of Russian energy has raised concerns over Indian engineering exports. EEPC India warned that additional levies could affect the competitiveness of Indian shipments
Nissan returned to profit in the first quarter, supported by cost-cutting measures and stronger sales in key markets. The Japanese automaker maintained its annual profit forecast despite challenges in China, higher material costs, US tariffs and disruptions caused by the recent Japan earthquake
Benchmark indices Sensex and Nifty fell nearly 1 per cent in early trade, led by a sharp selloff in IT stocks amid AI disruption fears. Rising crude prices and fresh tariff concerns following US President Donald Trump’s remarks further dampened investor sentiment
India and the US have rescheduled the meeting of chief negotiators to finalise the interim trade deal text following the US Supreme Court verdict on tariffs. Fresh tariff announcements by President Donald Trump have added uncertainty to the proposed bilateral trade framework
