Trump tariffs knock 5% off Tata Motors shares
Trump had pledged to levy reciprocal tariffs on all countries, including India, from April 2. However, there were expectations of some respite or waiver.
Asian stocks decline ahead of tariffs announcement
A regional gauge of equities fell 0.7% with indexes in Japan, Australia and South Korea declining after both the S&P 500 and Nasdaq 100 slipped, with automakers getting hit. Equity-index futures for US also fell in early Asian trading. Gold edged higher after hitting a new record in the prior session. Yields on the 10-year […]
Bank lending growth halves in February amid retail and NBFC slowdown
Bank lending growth in FY’25 until February slowed to 10.9% from last year’s 20.6% due to a decline in retail and NBFC loans, according to RBI data. Credit to the services sector grew by 13%, while industry credit growth was 7.3% in the same period.