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Trump fired up global trade tensions by announcing a baseline 10% tariff on all imports starting 5 April, with additional reciprocal tariffs on specific countries from 9 April. India will be hit with a 27% tariff, while China’s rate soars to 54%, up from the previous 20%. Gift Nifty futures took a hit earlier this morning, dropping nearly 2%, while Indian benchmark indices Nifty 50 and S&P BSE Sensex fell 1% in pre-open trade. However, Nifty 50 and Sensex later trimmed some losses, ending the day’s trade 0.35% and 0.42%...

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...

Home NewsTHIS Prime Minister decided to print Indian currency in foreign country, the decision was taken in…, he was not Rajiv Gandhi, Vajpayee, Manmohan Singh In 1997, the Indian government realized that not only was the country’s population growing, but economic activities were also increasing. New Delhi: It was during the late 1990s when the Indian government, under the then prime minister H.D Deva, decided to print currency notes aboard. The decision was taken in such a discreet manner that the country remained unaware of it for a long time....