Tariffs Trade War: Trump hints at ‘major trade deal’ with ‘highly respected’ nation today; 145% China levy to stay ‘for now’

Tariffs Trade War: US President Donald Trump on Wednesday teased the announcement of a “major trade deal” with a “big and highly respected country,” even as his administration faces pressure over a sweeping tariff regime that has unsettled global markets. In a post on Truth Social, Trump said, “Big News Conference tomorrow morning at 10:00…

Anil Singhvi Market Strategy (May 8): Important levels to track in Nifty 50, Nifty Bank today

Anil Singhvi Market Strategy: Zee Business Managing Editor Anil Singhvi expects support for the headline Nifty50 index at 24,225-24,335 levels and a strong buy zone at 24,050-24,175 levels on Thursday, May 8. For the Nifty Bank, Singhvi expects support at 54,175-54,275 levels and a stronger support zone at 53,750-53,925 levels. Read on to learn more about the market wizard’s throughts on…

asian markets mixed us fed holds rate steady china us trade talks nikkei hang seng kospi

Asian markets today: Asian stocks in Thursday’s session traded on a cautious note after the US Federal Reserve held its key rate steady and reiterated that it isn’t in a hurry to lower rates. The US central bank flagged the risks of higher unemployment and higher inflation, further obscuring the economic outlook. Following President Donald Trump’s announcement of…

Pakistan vows retaliation after India launches air strikes | India-Pakistan Tensions News

Pakistan has promised to retaliate after India launched military strikes on Pakistan and Pakistan-administered Kashmir, fuelling fears of a broader confrontation between the nuclear-armed neighbours. Pakistan’s government on Wednesday pledged to respond “at a time, place and manner of its choosing to avenge the loss of innocent Pakistani lives and blatant violation of its sovereignty”….

Starlink gets nod for satcom services as telecom department issues letter of intent

FILE PHOTO: The Starlink logo is seen in front of the Indian flag in this illustration taken, June 21, 2023. REUTERS/Dado Ruvic/Illustration/File Photo | Photo Credit: Dado Ruvic Starlink, backed by billionaire Elon Musk, on Wednesday received the Government’s nod for satcom services in India, as the Department of Telecommunications issued a letter of intent…

Jerome Powell says larger-than-expected tariffs could worsen inflation, hamper growth, cause unemployment as Fed holds rates

Federal Reserve Chairman Jerome Powell has implied that US President Donald Trump’s “reciprocal” tariffs are “substantially larger than anticipated” and likely to generate a rise in inflation, hamper economic growth and cause more unemployment, with the US central bank holding key interest rates unchanged in the 4.25-4.5 per cent range as widely expected. Fed Chair Jerome…

Pre Market Setup (MAy 8): GIFT Nifty futures up 5 pts; markets likely to open flat amid global caution, India-Pak tensions

Indian markets are likely to open on a flat-to-positive note on Thursday, as GIFT Nifty futures traded just 5 points higher at 24,423, hinting at a muted start for Dalal Street. While global cues remain moderately supportive, investor sentiment continues to be clouded by heightened geopolitical tensions after India’s military strikes on nine terror camps…