Following ‘Liberation Day,’ Trump’s tariff announcements initially triggered market pandemonium, prompting a temporary 90-day pause except for China. Nations face choices: negotiate with the US or retaliate, potentially reshaping global trade dynamics. Countries will likely implement safeguards, manage FX, and strategize tariffs, as diplomatic efforts intensify amidst market volatility.
Kusumgar IPO Day 3: Issue ends subscription with 129x bids; GMP signals 38% listing upside
Kusumgar’s Rs 650-crore IPO concluded with overwhelming investor demand on its final day. Non-Institutional Investors and Qualified Institutional Buyers showed significant interest in the offering.