Author name: Lisl News Desk

News Desk

Trump to impose major import tariff on medicines, could impact Indian pharma exports

Trump to impose major import tariff on medicines, could impact Indian pharma exports

/ Indian Market /

US President Donald Trump has said that his government is planning a big tariff on imported medicines. This move is to push pharma companies to make their products inside America instead of depending on countries like China and India. Speaking at a political event, Trump said that a “major” tariff is coming soon. He did […]

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boAt parent Imagine Marketing secretly files draft papers for Rs 2,000 crore IPO

boAt parent Imagine Marketing secretly files draft papers for Rs 2,000 crore IPO

/ IPO News /

boAt’s parent company, Imagine Marketing Ltd, has filed draft documents with SEBI for a public listing worth Rs 2,000 crore. The filing has been made through the confidential pre-filing route, which keeps IPO details private in the early stage. This is the company’s second time planning to go public. In 2022, it had filed for

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China warns of strong counteraction as US plans fresh 50% tariff hike under Trump

China warns of strong counteraction as US plans fresh 50% tariff hike under Trump

/ Global Market​​ /

Tensions between the US and China are rising again after former US President Donald Trump threatened a fresh 50% tariff on Chinese imports. In response, China has strongly warned that it will take strict countermeasures to protect its own rights and economy. China’s Commerce Ministry released a statement early Tuesday calling the US move “completely

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Chinese stock market bounces back after record fall as government steps in with strong support

Chinese stock market bounces back after record fall as government steps in with strong support

/ Indian Market /

After a sharp fall earlier this week, Chinese stock markets saw a strong rebound on Tuesday. This recovery came as China’s central bank and government-backed funds stepped in to support the falling market. The Hang Seng China Enterprises Index jumped by 3.5%, recovering from its worst trading day since the 2008 financial crisis. At the

Chinese stock market bounces back after record fall as government steps in with strong support Read More »

Govt hikes excise duty on petrol and diesel by Rs 2 per litre, no change in pump prices

Govt hikes excise duty on petrol and diesel by Rs 2 per litre, no change in pump prices

/ Indian Market /

On April 7, the Government of India increased the excise duty on both petrol and diesel by Rs 2 per litre. However, this increase will not affect retail prices at petrol pumps for Indian consumers. According to the latest notification from the Department of Revenue, the new excise rates will be effective from April 8,

Govt hikes excise duty on petrol and diesel by Rs 2 per litre, no change in pump prices Read More »

LPG cylinder prices to increase by Rs 50 from tomorrow, says Oil Minister Hardeep Singh Puri

LPG cylinder prices to increase by Rs 50 from tomorrow, says Oil Minister Hardeep Singh Puri

/ Indian Market /

Starting from tomorrow, the price of domestic LPG cylinders will go up by Rs 50, as announced by Union Petroleum Minister Hardeep Singh Puri. The cost of a standard 14.2-kg cylinder will rise from Rs 803 to Rs 853 for regular users. For Ujjwala Yojana beneficiaries, the new price will be Rs 553 per cylinder,

LPG cylinder prices to increase by Rs 50 from tomorrow, says Oil Minister Hardeep Singh Puri Read More »

Asian stock markets crash as global trade war fears grow, Nikkei down 6%

Asian stock markets crash as global trade war fears grow, Nikkei down 6%

/ Indian Market /

Asian stock markets saw heavy losses on Monday as fears of a global trade war increased. Japan’s Nikkei index crashed 6%, falling to levels last seen in late 2023. Other Asian markets also faced deep cuts. South Korea’s index fell 5%, Chinese blue-chip stocks dropped 4.4%, and Taiwan’s market tumbled nearly 10% after a two-day

Asian stock markets crash as global trade war fears grow, Nikkei down 6% Read More »

India increases checks on Chinese imports as US tariffs raise dumping risks

India increases checks on Chinese imports as US tariffs raise dumping risks

/ Indian Market /

The Indian government has increased its monitoring of goods coming from China after the United States raised tariffs on many global trade partners, including China. This move is meant to prevent a possible rise in cheap Chinese goods entering India, which could hurt local industries. The Department of Commerce, led by Commerce Secretary Sunil Barthwal,

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Government clears Rs 18,658 crore railway projects in Maharashtra, Odisha, and Chhattisgarh to expand train network

Government clears Rs 18,658 crore railway projects in Maharashtra, Odisha, and Chhattisgarh to expand train network

/ Indian Market /

The Union Cabinet on April 4 gave its approval to four major railway projects in Maharashtra, Odisha, and Chhattisgarh, with a total estimated investment of Rs 18,658 crore. These projects aim to boost India’s railway infrastructure by expanding the current rail network by about 1,247 kilometres. These multitracking projects are being undertaken by Indian Railways

Government clears Rs 18,658 crore railway projects in Maharashtra, Odisha, and Chhattisgarh to expand train network Read More »

US stock markets crash as Trump’s new import tariffs spark global fear; Nasdaq and S&P fall over 5%

US stock markets crash as Trump’s new import tariffs spark global fear; Nasdaq and S&P fall over 5%

/ Indian Market /

US stock markets crashed sharply on April 3 after new import tariffs announced by President Donald Trump triggered panic across global markets. By mid-session in the US, major indices were deep in the red with heavy selling seen in key sectors like technology, auto, and consumer goods. The Nasdaq index was trading 4.67 percent lower

US stock markets crash as Trump’s new import tariffs spark global fear; Nasdaq and S&P fall over 5% Read More »

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