Tariffs Up, Oil Down ⛽📉
Your daily dose of business news
🗞️ Fuel Price Cut Likely as Oil Dips on Tariff Tensions
Global crude prices have fallen to their lowest levels since 2021 amid the escalating US-China tariff war, opening a window for potential fuel price cuts in India, which could bring relief to consumers and businesses.
📌 Expert Opinion: Economists suggest India could leverage this dip to reduce inflationary pressure and manage fiscal stability.
🗞️ ₹575/Share: IT Firm’s First-Ever Dividend Delight
An Indian IT company announced its first-ever dividend of ₹575 per share, delivering a big reward to long-term investors and signaling confidence in its growth trajectory.
🗞️ Mazagon Dock Falls 6% as Govt Plans Stake Sale
Shares of Mazagon Dock fell by 6% after the government decided to offload up to 4.8% stake through an OFS, denting investor sentiment around PSU stocks.
🗞️ BSNL’s Turnaround in Sight: Scindia
BSNL is making strong progress toward profitability and improving customer satisfaction, according to Telecom Minister Jyotiraditya Scindia.
🗞️ Apple, Nike, Amazon May Take a Hit from Trump’s Tariffs
Proposed reciprocal tariffs by Donald Trump could severely impact major US brands like Apple, Nike, and Amazon, with global supply chains likely to feel the strain.
🗞️ Bajaj Housing Finance Reports Strong Q4
Bajaj Housing Finance posted solid Q4 numbers with a sharp increase in AUM and loan disbursements, signaling robust demand in the housing finance sector.
🗞️ Metal Stocks Slide on Growth Fears
Shares of Vedanta, Hindalco, and other metal majors dropped up to 6% as global growth concerns and trade war tensions rattled investor confidence.
🗞️ Bank FDs Back in Favor Amid Volatility
With markets turning volatile, Bank Fixed Deposits (FDs) are emerging as a preferred choice for investors seeking safety and stable returns.
📊 Market Updates – April 4, 2025
📉 Sensex: 75,364.69 ▼ 930.67 (-1.22%)
📉 Nifty 50: 22,904.45 ▼ 345.65 (-1.49%)
💵 USD/INR: ₹85.4820
🛢️ Brent Crude: $66.06/barrel
🥇 Gold (24K): ₹91,640 per 10g