Donald Trump - Page 56

A man on phone walks past Bombay Stock Exchange office in Mumbai. (Photo: Getty Image)

US trade war fears wipe out $180 billion from Indian stocks in 2 days

Feb 11 (Reuters) – Indian stocks have lost about $180 billion in market value in the two days since U.S. President Donald Trump said he would slap reciprocal tariffs on several countries, with many analysts saying the world’s fifth-largest economy could be worst hit. The blue-chip NSE Nifty 50 and BSE Sensex indexes sank 1.32%

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President Donald Trump speaks with reporters as he signs executive orders in the Oval Office at the White House, Monday, Feb. 10, 2025, in Washington. (Photo/Alex Brandon)

Trump steps up his 2018 tariffs on steel and aluminum, risking inflation on promise of more jobs

WASHINGTON, February 11, 2025 (AP) — President Donald Trump on Monday removed the exceptions and exemptions from his 2018 tariffs on steel, meaning that all steel imports will be taxed at a minimum of 25%. Trump also hiked his 2018 aluminum tariffs to 25% from 10%. “We were being pummeled by both friend and foe

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A salesman checks a gold ornament at a jewellery store in New Delhi. (Photo: Getty Image)

Gold hits all-time record high of Rs 82,415/10gm

New Delhi, Jan 31 (PTI) Gold prices on Friday hit a fresh all-time high of Rs 82,415 per 10 grams in futures trade in line with firm global trends. On the Multi Commodity Exchange, gold contracts for April delivery hit a record high of Rs 82,415 per 10 grams in early trade. The contract later

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An employee sorts Indian currency notes at a cash counter inside a bank in the northeastern Indian city of Agartala, Indiia. (Photo: Reuters)

Rupee back to losing ways on likely outflows, corporate hedging

MUMBAI, Jan 27 (Reuters) – The Indian rupee resumed its downtrend on Monday, pegged by likely equity outflows and corporate hedging. The rupee quoted at 86.3675 to the U.S. dollar at 11:24 am IST, down from 86.2050 on Friday. The local currency had managed a 0.5% recovery last week, hitting the highest in two weeks,

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