Lisl News Desk - Lakshmishree News

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

Lisl News Desk / Global Market / April 8, 2025

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

Lisl News Desk / Indian Market / April 8, 2025

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

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

Lisl News Desk / Indian Market / April 7, 2025

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,

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

Lisl News Desk / Indian Market / April 7, 2025

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,

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

Lisl News Desk / Indian Market / April 7, 2025

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

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

Lisl News Desk / Indian Market / April 5, 2025

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

Lisl News Desk / Indian Market / April 4, 2025

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%

Lisl News Desk / Indian Market / April 4, 2025

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

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Nuvoco Vistas becomes fifth largest cement company in India after getting NCLT approval for Vadraj Cement deal

Lisl News Desk / Indian Market / April 4, 2025

Nuvoco Vistas Corporation has become India’s fifth largest cement company after getting final approval from the National Company Law Tribunal (NCLT) to acquire Vadraj Cement. The total acquisition cost is ₹1,800 crore. The approval was granted by the NCLT’s Mumbai bench and made public on April 3. The acquisition will be carried out through Vanya

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Mutual Funds Sell Over ₹16,000 Crore in Indian Equities Amid Profit-Booking

Lisl News Desk / Indian Market / April 3, 2025

Mutual funds have been net sellers in Indian equities over the past six sessions, offloading stocks worth over ₹16,000 crore between March 20 and 28. Experts believe this selling is due to profit booking, as fund houses take advantage of the recent market rally. In contrast, mutual funds were net buyers earlier in March, purchasing

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Author name: Lisl News Desk