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.
Bank of India shares rise 2% after LIC raises stake to 8.38%
Life Insurance Corporation (LIC) has increased its stake in Bank of India to 8.38% as of May 9, acquiring an additional 2.026% stake since September