Issue of 7th Apr-13th Apr 2025
LEAD ARTICLE
Trump Tariffs: Running Blind on a Tightrope
Last week, Donald Trump set the global trading system ablaze by imposing massive additional tariffs on countries with large trade surpluses with the US, such as China (34%), Japan (24%), South Korea (26%), Vietnam (46%), India (27%), the European Union (20%) and others. The repercussions are mind-boggling. A month ago, I suggested, “Unless... Read More
CROSSHAIRS
At the grandly titled Start-up Mahakumbh last week, Union minister for commerce and industry Piyush Goyal delivered yet another controversial speech—one that swiftly turned into a lightning rod for criticism. This was not his first public takedown of Indian business or entrepreneurship; but the...
BUSINESS
The Reserve Bank of India (RBI) has cut its repo rate by 25bps (basis points) to 6%, marking its second consecutive rate reduction after a similar cut in February. With inflation below 4% and concerns over slowing economic growth, the central bank has shifted its stance from neutral to...
Moneylife Digital Team
MARKET
Indian equity indices closed strong on Friday, with the NIFTY climbing above 22,800. The Sensex surged 1,310.11 points (1.77%) to finish at 75,157.26, while the NIFTY jumped 429.40 points (1.92%) to end at 22,828.55. Global markets had rebounded in Thursday after US president Donald Trump...
Moneylife Digital Team
STOCKS
The global pharmaceuticals market is set to reach US$2.3trn (trillion) by 2028, increasing at a CAGR (compound annual growth rate) of 6%-9%, exceeding earlier projections by US$400bn (billion), according to a report IQVIA Inc, a pharma research and database company. This growth will be fuelled...
Moneylife Digital Team
The Indian pharmaceuticals industry, known as the ‘Pharmacy of the World’, remains a key player in global healthcare by supplying affordable generics. In FY23-24, Indian pharmaceuticals exports to the US stood at US$8.7bn (billion), making up 31% of India's total pharma exports of US$27.9bn....
Moneylife Digital Team
India's pharmaceuticals industry is a major hub for active pharmaceutical ingredients (APIs), intermediates and specialty chemicals, catering to domestic and international markets. The country is among the largest suppliers of generic drugs and APIs, driven by strong manufacturing...
Moneylife Digital Team
Ramkrishna Forgings Ltd (RKFL) makes forged, rolled, and machined components for automobiles, railway wagons and coaches and engineering parts. It has seven manufacturing facilities at Gamaria, Adityapur Industrial Area, Baliguma, Dugni at Saraikela, Jamshedpur (Jharkhand) and Liluah (West...
Moneylife Digital Team
CONSUMER ISSUES
In an alarming demonstration of how artificial intelligence (AI) can be exploited, it has emerged that AI tools, including OpenAI's ChatGPT, can be misused to generate photo-realistic images of Aadhaar and permanent account number (PAN) cards, the two most essential identification documents for...
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