As the Indian stock markets tumble under the panic set off by US President Donald Trump's tariff tantrums, three market experts weigh in on the reasons behind this fall, how much pain is left and how should investors adapt their strategies to invest in markets.
The exodus of FPIs from the Indian equity markets continued unabated, as they withdrew over Rs 7,300 crore (about $840 million) in the first week of this month due to global trade tensions, with the US imposing tariffs on countries such as Canada, Mexico, and China. This came following an outflow of Rs 78,027 crore in the entire January. Before that, they invested Rs 15,446 crore in December, data with the depositories showed.
Jaspal Singh, one of 104 Indians deported from the US on Wednesday, claims he and other deportees were handcuffed and had their legs chained during the flight. Singh, who hails from Punjab, says he was captured by US Border Patrol after crossing the border illegally in January. He blames a travel agent for deceiving him, claiming he was promised a legal route to the US. The deportation comes ahead of Prime Minister Narendra Modi's visit to Washington for talks with President Donald Trump.
Unless something changes, Mr Trump is a huge threat right now, which is perhaps not being recognised fully, cautions Debashis Basu.
United States President Donald Trump attacked India's tariffs regime, saying it is next to impossible to sell anything to India because of the 'high tariffs'.
The Congress on Wednesday expressed sadness over 'pictures of Indians getting handcuffed and humiliated' while being deported from the United States and recalled that America had to express regret over the treatment meted out to India diplomat Devyani Khobragade in 2013 after the then United Progressive Alliance government retaliated sharply.
The explosion forced airline flights over the Gulf of Mexico to alter course to avoid falling debris.
From the Sensex pack, Asian Paints, NTPC, Reliance Industries, Tata Steel, Bajaj Finserv, Hindustan Unilever, Sun Pharmaceuticals, Adani Ports & SEZ, Axis Bank, Tata Consultancy Services, Titan and Bajaj Finance were the major gainers. Tech Mahindra, Kotak Mahindra Bank, Zomato, Tata Motors, and IndusInd Bank were the laggards.
The Maradonian religion has spread to several countries around the world and has more half a million followers.
The victory lifted Brazil to second in South American qualifying with 21 points, four behind leaders Argentina and one ahead of Uruguay in third, both of whom have a game in hand and will clash on Friday.
'The strategic direction of the relationship will not be affected. But the perception has been affected.'
'I certainly hope the two can avoid a trade war and believe they will.' 'I expect some in India will push for retaliatory tariffs if the Trump administration applies significant reciprocal tariffs.'
'April 9 announcement of slapping a 125% tariff on Chinese goods has brought the focus back to China, making this new phase feel like a repeat of the original conflict.'
Torremolinos is hosting the event from October 17-20, with more than 5,500 triathletes from over 80 countries competing.
The office of Santa Fe county sheriff, Adan Mendoza, confirmed their deaths to Variety. There is no immediate indication of foul play, per authorities, though the sheriff's office did not immediately provide a cause of death.
The rupee declined 22 paise to 87.41 against the US dollar in early trade on Thursday after the latest tariff announcements from the US weighed on emerging currencies, including the rupee. Forex traders said the latest tariff announcements from the US have sent shockwaves through global markets, strengthening the dollar.
S&P Global Ratings on Tuesday cut India's GDP growth projections to 6.5 per cent for the next fiscal as it expects that economies in the APAC region will feel the strain of rising US tariffs and pushback on globalisation. In its Economic Outlook for Asia-Pacific (APAC), S&P said despite these external strains, it expects domestic demand momentum to remain solid in most emerging-market economies.
We must bring a laser focus on our own interests, and define our friends and foes more clearly instead of trying to live by somebody else's rules. We must grow up, think for ourselves, think India First, asserts R Jagannathan.
The win guarantees Japan a top-two finish in the standings and sees them qualify for an eighth straight World Cup.
The Hunter's Moon, a supermoon occurring in October, is one of several supermoons that will take place in 2024 and 2025.
Williams' father, originally from Jhulasan, migrated to the United States in 1957.
From the 30-share blue-chip pack, Larsen & Toubro rallied nearly 5 per cent. Adani Ports, IndusInd Bank, Tata Motors, Reliance Industries, UltraTech Cement and Asian Paints were also among the major gainers. ITC Hotels, Zomato, Nestle and Maruti were among the laggards.
January saw Bollywood making all sorts of style statements.
India's External Affairs Minister S Jaishankar, representing Prime Minister Narendra Modi, delivered a letter from Modi to US President Donald Trump at his inauguration on Monday. Jaishankar's presence at the inauguration is a common practice for India, sending special envoys to attend the swearing-in ceremonies of heads of state and government. The letter's content remains undisclosed.
Mahindra & Mahindra, Bharti Airtel, Infosys, Tata Motors, Titan, Tata Consultancy Services, Nestle and Maruti were also among the major laggards. HDFC Bank emerged as the only gainer from the pack.
Captain Mohamed Salah scored for Egypt as they eased to a 2-0 victory over Ethiopia in their 2026 World Cup qualifier on Friday, but 2022 semi-finalists Morocco needed a late winner from Bilal El Khannouss to defeat unfancied Niger.
Oil marketing companies (OMCs), paint manufacturers, tyre producers, and aviation stocks witnessed significant gains as Brent crude oil prices slipped below $70 per barrel. The price drop came after a double blow: The US imposed tariffs on Canada and Mexico, including energy imports, and OPEC+ - the group of major oil-producing nations including Russia - announced an output increase of 138,000 barrels per day, the first such hike since 2022.
The Indian automotive market offers around 1 million units annual volume opportunity at a price above $23,000.
The United States and Mexico both booked tickets to this year's World Cup in Qatar in the final round of CONCACAF qualifying on Wednesday.
B Sumeeth Reddy, a member of the 2022 Commonwealth Games mixed team silver medal-winning squad, has announced his retirement as an active badminton player to focus entirely on coaching.
New Zealand advance to their third football World Cup following the 1982 and 2010 finals.
India's policy for agriculture trade must move commodity-by-commodity to gain maximum benefits as US President Donald Trump's 26 per cent tariff on exports from the country take effect, said agriculture economist Ashok Gulati in a recent policy paper.
McLaren's Oscar Piastri seized the first proper pole position of his Formula One career at the Chinese Grand Prix on Saturday with the fastest lap yet around the Shanghai International Circuit.
Rohit, a young man from Punjab, India, was deported from the United States after a perilous journey that cost him his life savings and left his family in financial ruin. He had been promised legal entry to the U.S. by a travel agent in Amritsar, but his hopes were dashed when he was apprehended for illegally crossing the border. The ordeal highlights the risks associated with illegal migration and the exploitation faced by vulnerable individuals seeking a better life.
Nushrratt sees red... Disha's in the mood for Mexico...Aahana knows how to be powerful...
"We have long faces, we deserved something more, but that's football," AEK Athens player Pineda, 26, told ESPN.
Samantha is grateful... Malavika in Mexico... Akshay in Sky Force mode...
Canada's next prime minister Mark Carney slammed United States President Donald Trump for 'unjustified tariffs', saying Americans should make no mistake as Canada will win the trade war just as it wins in hockey.
Maruti Suzuki India on Thursday said the locally manufactured Jimny five-door model has made its debut in the Japanese market. The SUV, which is exclusively manufactured at Maruti Suzuki's Gurugram-based plant, was unveiled in Japan on Thursday.
