'India charges a lot': Trump threatens 'reciprocal' tariffs
Business Standard|December 19, 2024
The United States President-elect Donald Trump's latest criticism of India's tariffs and his warning of reciprocal measures are setting the stage for heightened pressure on policymakers in New Delhi.
SHREYA NANDI
'India charges a lot': Trump threatens 'reciprocal' tariffs

Trump's remarks on India, made just weeks after he pledged to increase tariffs on imports from Mexico, Canada, and China, underscore his incoming administration's focus on what he calls "reciprocity" in trade. Commerce secretary pick Howard Lutnick echoed this stance, emphasizing that "reciprocity" will be the key theme of the Trump administration's trade policy.

"Reciprocal. If they tax us, we tax them the same amount." Trump told reporters at his luxury resort Mar-a-Lago in Palm Beach. "Almost in all cases, they're taxing us, and we haven't been taxing them..."

هذه القصة مأخوذة من طبعة December 19, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة December 19, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من BUSINESS STANDARD مشاهدة الكل
Business Standard

EVALUATING FUND PERFORMANCE Exit a fund only if underperformance persists for 8 quarters

During her annual portfolio review, Mignonne D'Souza (name changed on request), a 44-year-old content writer based in Mumbai, found that four of her seven mutual funds had outperformed, while three lagged behind their benchmarks. D'Souza is wondering if she should stick to these funds or exit them.

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Zomato serves up mcap bigger than Tata Motors, Bajaj
Business Standard

Zomato serves up mcap bigger than Tata Motors, Bajaj

Stock could be a 'potential doubler in three to four years'

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2 mins  |
December 20, 2024
Business Standard

'PARRVA' introduced for verification of risk-return metrics

In a bid to clamp down on individuals and entities making lofty return claims, the Securities and Exchange Board of India (Sebi) has introduced a \"Past Risk and Return Verification Agency\" (PaRRVA), which will be tasked to verify the risk-return metrics of services offered by investment advisors, research analysts (RAS), algorithmic trading platforms, and other such entities.

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1 min  |
December 20, 2024
Business Standard

Regulator brings in new rule to address NFO mis-selling

The Securities and Exchange Board of India (Sebi) has introduced a new rule aimed at putting a stop to unnecessary portfolio churn by distributors to pocket higher commissions, amid rising asset mobilisation through the new fund offer (NFO) route.

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1 min  |
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Business Standard

Core acquisition adds to Metropolis' long-term growth plans

Metropolis Healthcare (MHL) has decided to acquire a 100 per cent stake in Gurgaon-based Core Diagnostics for ₹247 crore.

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2 mins  |
December 20, 2024
Euro Pratik eyes ₹700-1,000 cr public offer
Business Standard

Euro Pratik eyes ₹700-1,000 cr public offer

Euro Pratik, a prominent player in the decorative wall panel industry, is set to file draft papers with the Securities and Exchange Board of India (Sebi) for an initial public offering (IPO) worth ₹700-1,000 crore, sources familiar with the matter said on Thursday.

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1 min  |
December 20, 2024
Nifty may trade in 25K-28K range in 2025: Smallcase
Business Standard

Nifty may trade in 25K-28K range in 2025: Smallcase

The benchmark Nifty50 index may move in the range 25,000-28,000 next year, according to a survey conducted by Smallcase of 150 managers on its investment platform. The Nifty on Thursday closed at 23,951.

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Business Standard

IKS Health surges 48% on debut

BOOSTER DOSE

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Business Standard

Moderate return expectations for '25: HDFC Securities

Domestic brokerage HDFC Securities has told investors to moderate return expectations amidst elevated valuations.

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December 20, 2024
Expensive valuations to keep mkts volatile
Business Standard

Expensive valuations to keep mkts volatile

Domestic equities have seen selloff this week amid weakening rupee

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1 min  |
December 20, 2024