US President Donald Trump announced a 50% tariff on copper imports, impacting companies like Hindustan Copper and Vedanta. This move, effective by the end of July or August 1, follows an investigation under Section 232 of the Trade Expansion Act.
Energy, telecom continue to draw foreign flows in Nov
Foreign investors injected significant capital into India’s energy and telecom sectors in the latter half of November, continuing a trend from earlier in the month