Metal stocks like Vedanta, NALCO, and Tata Steel rose up to 4% as China’s central bank announced economic stimulus measures. The People’s Bank of China plans to lower borrowing costs and increase liquidity, leading analysts to be cautiously optimistic about a short-term rebound in metal prices.
India’s key exports positioned at a lower tariff compared to rivals: Rajeev Agrawal
Rajeev Agrawal from DoorDarshi India Fund explains that Trump’s tariffs will start high to push negotiations and significantly impact the US consumer first. India, with