Trump Tariffs Spark Market Jitters!
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🗞 RBI Likely to Cut Rates Again to Cushion Global Shocks
RBI is expected to cut the repo rate by 25 bps in its upcoming monetary policy review to support growth amid global tariff risks.
📌 Expert Opinion: SBI’s Economic Research Department predicts a cumulative rate cut of at least 75 bps in this cycle.
🗞 boAt’s Aman Gupta Backs Piyush Goyal Amid Startup Debate
boAt Co-founder Aman Gupta supported Commerce Minister Piyush Goyal's call for Indian founders to dream bigger, amidst heated discussions in the startup ecosystem.
📌 Expert Opinion: “Not every day govt asks founders to dream bigger”, says Aman Gupta, highlighting the positive intent of the government.
🗞 Trump’s Tariffs May Hurt US Consumers, Warns Fitch
Fitch Ratings cautioned that Trump’s proposed tariff hikes could lead to higher costs for US consumers and increase recession risks.
🗞 Elon Musk Proposes US-Europe Zero Tariff Zone
Elon Musk urged leaders to consider a US-Europe free trade zone with zero tariffs to foster economic growth.
🗞 FPIs Pull Out ₹10,355 Cr From Indian Equities in April
Foreign investors have withdrawn ₹10,355 crore from Indian equities in the first week of April, citing global uncertainties.
🗞 Vodafone Idea Considers Letters of Credit to Buy Gear
Vodafone Idea is exploring a letter of credit model to purchase 4G and 5G gear, ensuring timely procurement despite financial challenges.
🗞 Female Demat Account Holders Quadruple Since 2021
A recent MOSPI report reveals that the number of female demat account holders has surged 4x since 2021, showing increasing financial participation.
🗞 NSE Chief Says India Holding Strong Amid Global Trade Tensions
Despite global uncertainty post Trump’s tariff proposal, the NSE Chief stated that Indian markets are holding up well due to strong domestic fundamentals.