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In a strongly worded post on his platform, Truth Social, US President Donald Trump has reiterated that new tariffs will come into effect starting August 1, 2025, and stressed that there will be no extensions or exceptions granted. The statement comes amid ongoing discussions around global trade policy and signals a firm stance on economic […]
The rupee fell sharply by 47 paise to close at 85.87 (provisional) against the US dollar on Monday amid rising global crude oil prices and a strong American currency. Outflow of foreign funds fuelled by uncertainties over US President Donald Trump’s trade tariffs put further pressure on the local unit, according to forex traders. At […]
In a fiery message posted Sunday on his social media platform Truth Social, former U.S. President Donald Trump issued a sharp warning to countries aligning with BRICS, declaring they would face steep economic consequences. “Any country aligning themselves with the anti-American policies of BRICS will be charged an ADDITIONAL 10% Tariff. There will be no […]
As the financial markets open for a new week, investor attention will be closely centred around macroeconomic indicators, foreign investor activity, and global geopolitical developments. Analysts believe that these factors will play a significant role in shaping market sentiment in the days ahead. A series of domestic and international economic data releases are scheduled, with […]
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