Donald Trump’s return to the global stage has reignited concerns about trade protectionism. On his first day back in office, Trump announced tariffs on Canada and Mexico and hinted at potential hikes targeting other countries, including India. The lack of clarity on his broader economic strategy has unnerved markets. His immigration policies could also hit Indian IT firms hard, adding to the gloom.
Stock markets fall as uncertainty over Trump’s tariff plans loom
Trump’s tariff decisions remain a wildcard for Indian markets, said Prashant Tapse, senior vice president of research at Mehta Equities, adding that uncertainty over his tariff plans for India has led to caution among investors. The U.S. policy framework under Trump could impact the strength of the dollar and Treasury yields, as well as raise inflation, which could mean fewer interest rate cuts.
Opinion: What does Trump’s withdrawal from the WHO mean for rest of the world?
The long-term costs—both for the US and the world—could far outweigh the short-term political gains. Global health security, much like national security, requires investment, collaboration, and a recognition that no nation can stand alone.
Opinion: What Trump’s second term means for the world
Trump’s re-election comes against the backdrop of an extraordinary political comeback. Defying two impeachments, criminal convictions, and unprecedented challenges to his leadership, his victory over Kamala Harris in November’s election has cemented his place as one of the most polarizing figures in American history.
Why India Must Bring Crypto Regulations Without Delay
In the heart of India’s bustling digital economy, a quiet revolution is underway. Cryptocurrencies, once dismissed as a speculative fad, have become a significant part of global financial systems. While countries like…
RBI announces panel for evaluating applications for universal banks and SFBs
As per licensing guidelines, applications for Universal Banks and Small Finance Banks will be initially screened by the Reserve Bank to ensure prima facie eligibility of the applicants.
Bank assets need to grow consistently over the next two decades, says deputy governor
This brings forth the need to address some of the emerging challenges as customer behaviour and preferences are undergoing profound changes while global ecosystems and external factors such as third-party dependencies and technology shifts are growing increasingly complex, reshaping the business landscape, said deputy governor Rajeshwar Rao at an event.
IDBI Bank logs 31% jump in net profit in Q3
The total income of the bank increased to Rs 8,564.92 crore in the third quarter of the current fiscal from Rs 7,514.27 crore in the year-ago period, the bank said in a regulatory filing to stock exchanges.
Hyderabad property registrations up 7% in 2024; 58% YoY surge for INR 1+ Cr homes: Knight Frank India
In December 2024, 5,805 properties were registered, marking a 5% month-on-month (MoM) increase but a decline of 20% YoY. The value of homes registered in December 2024 stood at INR 3,590 crore, a 2% MoM increase but a 14% YoY decline.
Bharti Airtel and Bajaj Finance in pact for financial services platform
Airtel will initially offer Bajaj Finance’s retail financial products on its Airtel Thanks App for
seamless and secure customer experience, and later through its nation-wide network of stores.
The combined strength of the companies’ digital assets will enable Airtel and Bajaj Finance to
significantly deepen penetration of financial products and services.