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27pc tariff on Indian rice temporary hurdle, say exporters

April 4, 2025
Finance

Kolkata, Apr 4 (PTI) Indian rice exporters are adopting a wait-and-watch approach following United States’ decision to impose 27 per cent tariff on imports, though industry leaders say the long-term impact may be limited due to India’s inherent competitiveness. “While there may be short-term price fluctuations, the market is expected to stabilise within the next two to three months. The 27 per cent tariff is a temporary hurdle, not a roadblock. With strategic planning and flexibility, we cannot only protect, but also expand our footprint in the US market,” Prem Garg, national president of the Indian Rice Exporters Federation (IREF),

Gold snaps 5-day winning streak, plunges Rs 1,350 to Rs 93,000 per 10 g

April 4, 2025
Finance

New Delhi, Apr 4 (PTI) Gold prices plunged by Rs 1,350 to Rs 93,000 per 10 grams, bringing an end to its five-day record rally, in the national capital on Friday amid weak trend in the international markets, according to the All India Sarafa Association. On Thursday, the precious metal of 99.9 per cent purity had climbed Rs 200 to hit a fresh peak of Rs 94,350 per 10 grams. Snapping a five-day winning streak, gold of 99.5 per cent purity also declined by Rs 1,350 to Rs 92,550 per 10 grams from Thursday’s closing level of Rs 93,900 per

Sensex, Nifty join global selloff as Trump tariffs trigger trade war fears

April 4, 2025
Finance

Mumbai, Apr 4 (PTI) Equity benchmarks Sensex on Friday slumped over 900 points to crash below the 76,000 level due to an across-the-board sell-off, tracking weak global markets amid growing global trade war fears. Besides, a sharp correction in crude prices and a heavy sell-off in market heavyweights Reliance Industries, Larsen & Toubro and Infosys added to the gloom, analysts said. The 30-share BSE Sensex tumbled 930.67 points or 1.22 per cent to settle at 75,364.69. During the day, it plummeted 1,054.81 points or 1.38 per cent to hit an intraday low of 75,240.55. The broader NSE Nifty declined 345.65

Rahul Gandhi calls for law ensuring fair share of budget for schemes for Dalits, Adivasis

April 4, 2025
Politics
Rahul Gandhi

New Delhi, Apr 4 (PTI) Leader of Opposition Rahul Gandhi on Friday stressed the need for a law that ensures a fair share of the budget for schemes specifically designed for Dalits and Adivasis, and called for concrete steps to give them participation in power and a voice in governance. The former Congress chief said he recently met researchers, activists, and social workers associated with Dalit and Adivasi communities. Gandhi said the delegation demanded that a national law be enacted to ensure a fixed portion of the central budget is allocated for Dalits and Adivasis. “Such a law is already

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