Investors hoped for trade war calm, but Donald Trump dashed those hopes. He threatened high tariffs on the European Union and smartphones. Equities dropped globally, and the dollar weakened. Business leaders now face ongoing uncertainty. Trump declared he is not seeking a deal with the EU. Treasury Secretary Scott Bessent mentioned potential deals with other nations like India.
Losing $1 billion a day: Gurmeet Chadha urges PMO, Finance Ministry to revisit capital gains tax, STT
Gurmeet Chadha has urged the government to revisit capital gains tax and STT, citing sustained foreign capital outflows. He claims India is losing nearly $1