The Khordha factory represents an initial investment of approximately ₹900 crore in its first phase and will focus on manufacturing products from Nestlé India’s foods portfolio, including prepared dishes and cooking aids.
The Gems and Jewellery Export Promotion Council (GJEPC) has warned that the new tariffs will be a significant burden on exporters.
Shares of Paras Defence and Space Technologies Ltd ended at ₹1,010.95, up by ₹22.50, or 2.28%, on the BSE.
As the world reacts to these sweeping tariff changes, businesses and investors are closely watching how trade negotiations evolve and whether any revisions will be made to the US tariff strategy.
Shares of RBL Bank ended 2.3% higher at a price of ₹175.30 on Thursday.
Shares of Jupiter Wagons Ltd ended at ₹376.45, up by ₹5.35, or 1.44%, on the BSE.
Samir Arora, Founder & Fund Manager, Helios Capital, believes that the Indian market’s resilience to the tariff news seems overstated. He argued that markets cannot instantly absorb such significant macroeconomic shocks. He advised investors to take a wait-and-watch approach before…
US markets LIVE today: US stock futures are pointing at a sharp decline on Thursday after President Trump announced a 10% tariff on all US trading partners, triggering widespread market uncertainty and shaking the global trade landscape. S&P 500 futures…
Shaunak Parikh, Vice Chairman of GJEPC, said that concerns remain about India’s competitive position, as countries like Turkey, Egypt, and Singapore have significantly lower tariffs, around 10%.
The lender’s global gross advances increased by 13.59% year-on-year to ₹6.65 lakh crore. Domestic gross advances also showed an increase of 14.28% to ₹5.62 lakh crore.