ICRA warns of hit up to Rs 4,500 crore to Indian auto component exporters amid US tariffs
Monday, 28 April 2025 () New US tariffs are expected to significantly impact India's automotive component sector, potentially reducing operating profits by 10-15%. ICRA forecasts a moderation in revenue growth for FY2026 due to anticipated decline in US exports. Despite these challenges, India aims to leverage its cost competitiveness and is seeking relaxed export controls and enhanced tech access from the US.
President Donald Trump delivered a passionate Easter message at the White House, denouncing the growing wave of anti-Christian bias in America and vowing to protect faith, family, and freedom.
In a..
President Trump has dramatically escalated the U.S.-China trade war, announcing tariffs of up to 245% on Chinese imports following Beijing’s halt on future Boeing deliveries. The White House..
Shanghai stocks suffered their steepest drop in years, with the Composite Index falling 7.3% after US President Donald Trump threatened an additional 50% tariff on Chinese imports. At one point, losses..
Monday, 28 April 2025 ()
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