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Vance arrives in India for a 4-day visit that includes personal engagements and talks on trade

NEW DELHI, April 21, 2025 (AP) — U.S. Vice President JD Vance arrived in India on Monday for a four-day visit as New Delhi looks to avoid U.S. tariffs and negotiate a bilateral trade deal with Washington. Vance will meet Prime Minister Narendra Modi on the first day of his largely personal visit. The two leaders are expected to hold discussions on bilateral ties outlined in February when Modi met President Donald Trump in Washington. The U.S. is India’s largest trading partner and the two countries are now holding negotiations aiming to seal a bilateral trade agreement this year. They

Rupee rises 33 paise to 85.05 against US dollar in early trade

Mumbai, Apr 21 (PTI) Rupee appreciated 33 paise to 85.05 against the US dollar in early trade on Monday, as the dollar index fell to its lowest in three years due to anxiety over Trump tariffs. Forex traders said a positive trend in domestic equities and foreign fund inflows boosted investors’ sentiments. Traders said the Indian rupee has gained significant ground over the last few trading sessions on encouraging domestic indicators and changing global tides that have kept the rupee steady, even as uncertainty swirls around major world economies. At the interbank foreign exchange, the domestic unit opened at 85.15

Sensex reclaims 79,000-level; Nifty tops 24,000 driven by buying in HDFC Bank, ICICI Bank

Mumbai, Apr 21 (PTI) Equity benchmark indices Sensex and Nifty surged in early trade on Monday driven by buying in HDFC Bank, ICICI Bank post their earnings announcement and continuous foreign fund inflows. The 30-share BSE benchmark Sensex jumped 599.66 points to 79,152.86 in early trade. The NSE Nifty climbed 152.55 points to 24,004.20. From the Sensex firms, Tech Mahindra, Axis Bank, HDFC Bank, Infosys, State Bank of India and IndusInd Bank were the biggest gainers. Adani Ports, ITC, Bharti Airtel, Titan, Hindustan Unilever and Sun Pharma were among the laggards. HDFC Bank’s stock quoted over 1 per cent higher

Gold soars to record high on trade war concerns, weaker dollar

April 21 (Reuters) – Gold prices surged to a record high on Monday, spurred by concerns over global economic growth due to the spiralling Sino-U.S. trade war, with a weaker dollar further boosting the rally. Spot gold had advanced 1.7% to $3,383.87 an ounce as of 0246 GMT, after hitting a record high of $3,384 earlier in the session. U.S. gold futures firmed 2% to $3,396.10. The dollar indexn hit a three-year low, making gold more attractive for other currency holders. “Fundamentally, markets are pricing in heightened geopolitical risks, driven by U.S. tariff tensions and stagflation concerns, while resilient central

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