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Currencies

Trump’s 26% reciprocal tariff on imports from India: Here’s how auto, pharma and IT spaces may fare

US President Donald Trump as part of his sweeping reciprocal tariff measures has levied a 26 per cent tariff on imports from India. The announcement comes as he calls India's tariffs as 'very, very tough'. Further, he calls his move as a 'kind reciprocal' as the tariffs levied are half of what India levies on US products. Trump laid out the U.S. “reciprocal tariff” rates that more than 180 countries and territories, including European Union members, will face under his sweeping new trade policy. Referring April 2 as "Liberation Day",...
Currencies

Currency Market News: Rupee falls 26 paise to 85.78 vs dollar after US slaps tariffs on India

Rupee dropped 26 paise to 85.78 against the US dollar on Thursday morning after US President Donald Trump imposed tariffs on nearly 60 countries, including India. The US has introduced a 27 per cent tax on Indian imports, arguing that India charges high duties on American goods.  The tariffs being implemented were conceived as part of Trump's plan to reduce the US trade deficit and to rejuvenate manufacturing at home. Though expected to adversely affect India's exports to US, experts feel that India is in a relatively better position compared...
USA Property

DeSantis wants property tax relief for Florida homeowners. See plan

DeSantis wants repeal of red flag laws and supports open carryDeSantis wants repeal of red flag laws and other restrictions on Second Amendment RightsFlorida Governor Ron DeSantis has proposed a plan to eliminate the state's portion of property taxes for homeowners.DeSantis argues that tourists and non-residents should bear a larger share of the tax burden.The Florida Legislature is currently in session and must reach an agreement on the state budget before adjourning on May 2.Could Florida property taxes be a thing of the past soon? Gov. Ron DeSantis thinks so.At...
Upcoming Investments

What they’re saying about Hyundai’s $5.8 billion investment in Ascension

"Louisiana wins again," was the headline as Gov. Jeff Landry and Louisiana Economic Development trumpeted the official announcement of the $5.8 billion Hyundai steel plant planned for the Donaldsonville area of Ascension Parish.President Donald Trump hosted Landry and several elected officials in the Roosevelt Room of the White House to deliver the monumental news for the state and region, which had not been seen at such a magnitude since the governor and Facebook's parent company, Meta, announced a large artificial intelligence data center in northeastern Louisiana.The first-of-its-kind Hyundai project was...
Stock Market

Stock market today: BSE Sensex over 100 points up; Nifty50 above 23,700

Market experts anticipate a continued upward trajectory, supported by foreign institutional investor inflows. (AI image) Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in green on Wednesday. While BSE Sensex went above 78,100, Nifty50 was above 23,700. At 9:25 AM, BSE Sensex was trading at 78,138.01, up 121 points or 0.15%. Nifty50 was at 23,732.90, up 64 points or 0.27%.Indian equities ended positively for the seventh straight trading session on Tuesday, indicating sustained investor interest in domestic markets. Market experts anticipate a continued upward trajectory, supported...
Stock Market

Stock Market Live Today: Will Nifty cross 24,000? Global cues muted- All you need to know at this hour – Market News

Sensex Nifty Today | Stock Market Live Updates: Indian stock markets are expected to open on a positive note, as indicated by early cues from Gift Nifty. However, Asian markets are off to a cautious start this week, with most indices trading lower amid concerns over the upcoming tariff deadline set by US President Donald Trump. While markets in Australia and South Korea faced declines in early trade, Japan showed resilience, with its benchmark indices managing to edge higher. Key things to watch out – US GDP data to be...
USA Property

Ohio’s property tax crisis is festering. There are solutions.| Opinion

Michael Stinziano  |  Guest ColumnistSouth Side homeowner Bonnie Mitchell sees 500% tax hikeSouth Side homeowner Bonnie Mitchell sees 500% tax hike, seeks relief through Legal Aid Society; is able to keep houseMichael Stinziano is Franklin County auditor.Re: "Will Ohio homeowners get property tax relief? Why lawmakers can’t agree on a fix," Feb. 24: Ohio does not have a property value problem; it has a property tax problem.Increasing home values are not the cause of unaffordable property tax bills in Franklin County. A byzantine, unconstitutional property tax system that forces underfunded schools...
USA Property

Mar-a-Lago security zone sees yet another home sale, this one at $14M

The custom home had been on and off the market since 2021.More than 20 planes have violated airspace near Mar-a-Lago with the latest incidentsTwo civilian aircraft flew over restricted airspace near President Donald Trump's Mar-a-Lago recently forcing NORAD to respond.Straight Arrow NewsThe house at 153 Kings Road was built in 2009 as a custom home by the sellers, Michael and Lori Bernstein.The propery measures a little more than quarter of an acre on the second street north of Mar-a-Lago. The area closes to through traffic when Trump is in residence...
Stock Market

Stock market today: BSE Sensex opens over 400 points up; Nifty50 crosses 23,000

Analysts anticipate further market recovery, supported by positive FII sentiment and sustained domestic investments. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, rose in opening trade on Thursday. While BSE Sensex rallied over 400 points, Nifty50 crossed the 23,000 mark. At 9:18 AM, BSE Sensex was trading at 75,829.02, up 380 points or 0.50%. Nifty50 was at 23,020.30, up 113 points or 0.49%.Stock markets continued their upward trend for the third consecutive session on Wednesday. The weakening US dollar index contributed to market gains....
Stock Market

Stock Market Live Updates: Sensex, Nifty set to open in green, Asian markets trade higher – Market News

Sensex Nifty Today | Stock Market Live updates: Indian domestic indices Sensex and Nifty are likely to open on a positive note, with Gift Nifty indicating a positive start. The upbeat mood follows Wall Street’s overnight rally after the US Federal Reserve held interest rates steady. Asian markets, too, are reflecting optimism, with key indices in Australia and South Korea starting the day on a higher note. Key events market participants watched out today: Fed holds rates steady amid policy shifts: In its second policy meeting of 2025, the US...
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