India's stock markets suffered a massive blow on Monday as Trump’s new tariffs triggered global turmoil. The Sensex plunged 2,564.74 points to 72,799.95, while Nifty fell 831.95 points to 22,072.50 — their lowest levels in 10 months. Experts cited extreme global volatility and advised caution. All 13 sectoral indices ended in the red, with Tata Steel dropping 11.25%. Rs 19 lakh crore was wiped off BSE market value. Global indices also plunged; MSCI Asia ex-Japan fell 6.8%. Analysts believe India may remain relatively insulated due to low US export dependence and ongoing trade negotiations with Washington. (PC: India Today)

Jaguar Land Rover (JLR), owned by Tata Motors, has temporarily paused shipments of its UK-manufactured vehicles to the United States for one month. The move follows a new 25% tariff on imported cars and light trucks implemented by the Trump administration, effective April 3, 2025. The U.S., a key market for JLR, accounts for nearly a quarter of its annual sales—about 400,000 vehicles. The suspension allows JLR to assess financial impacts and adjust its trade strategies. Meanwhile, the UK government is working to secure a trade agreement with the U.S. to reduce long-term disruption. (PC: BBC)

Indian Commerce & Industry Minister Piyush Goyal recently criticized startups for focusing on quick commerce services, suggesting they emulate China's advancements in high-end technology. Zepto's CEO Aadit Palicha responded, highlighting that Zepto has created 150,000 jobs and contributes significantly in taxes. He emphasized the role of consumer internet startups in driving innovation and attracting substantial foreign direct investment. Other industry leaders, including Mohandas Pai, also defended the startup ecosystem, urging the government to provide more support for deep-tech ventures. This debate underscores the tension between governmental expectations and the strategic directions of India's burgeoning startup sector. (PC: The Tribune)

On April 5, 2025, the United States officially began collecting a sweeping 10% "baseline" tariff on nearly all imported goods, a key part of former President Donald Trump’s revived trade agenda. The policy dismantles decades of global trade norms and introduces retaliatory "reciprocal" tariffs—up to 50%—on 57 countries, including 20% on EU goods and 34% on Chinese imports, starting next week. Global markets reacted sharply, losing $5 trillion in S&P 500 value. While Canada and Mexico are exempt, other nations face a 51-day grace period for goods in transit and limited product exemptions. (PC: The Hindu Business Line)

US stock markets plunged on Thursday as China hit back against Donald Trump’s new tariffs with a 34% tax on American goods, escalating trade tensions. The Dow Jones and S&P 500 fell 2.7% and 3.1% respectively, while the tech-heavy Nasdaq dropped 3.3%, entering bear territory—20% below its December peak. European markets also suffered, with London, Berlin, and Paris indexes down over 3%. Trump claimed, "China played it wrong, they panicked." Analysts warn of further volatility as global investors react to the deepening trade conflict. The full impact on US industries and global supply chains remains uncertain as markets brace for more shocks. (PC: Getty Images)

In the wake of President Donald Trump's imposition of a 10% tariff on UK exports, the U.S. administration has signaled that the UK must permit imports of chlorine-washed chicken to secure tariff relief. This demand challenges the UK's longstanding ban on such products due to food safety and animal welfare concerns. The tariffs, part of broader measures affecting various countries, have prompted the UK to consider potential retaliatory actions, including tariffs on American goods. However, the UK government emphasizes a preference for negotiation over escalation, aiming to address these trade disputes while upholding domestic standards and protecting national economic interests. (PC: Business Standard)

Tesla's Q1 sales plunged 13% to 336,681 vehicles, its lowest in nearly three years, amid rising competition from BYD, Volkswagen, and BMW. CEO Elon Musk’s political controversies and the delay in launching affordable EVs have fueled protests, vandalism, and customer trade-ins. Tesla shares fell 7% after Donald Trump announced steep tariffs. Musk's expected exit as a Trump adviser remains uncertain. Analysts warn of a "brand crisis" as Tesla risks losing its EV leader status to BYD. Investors now look to the Model Y refresh to revive demand. Tesla will report Q1 earnings on April 22. (PC: Reuters)

On April 2, 2025, Forbes released its annual Billionaires List, revealing that Mukesh Ambani, Chairman of Reliance Industries, has dropped from the top 10 to the 18th position globally. His net worth declined from $116 billion in 2024 to $92.5 billion in 2025, impacted by fluctuations in Reliance's stock value and global market trends. Despite this fall, Ambani remains India and Asia’s richest person. The 2025 Forbes list includes 3,028 billionaires worldwide, with a total wealth of $16.1 trillion, reflecting a $2 trillion increase from the previous year. Elon Musk and Jeff Bezos continue to dominate the rankings. (PC: Forbes)  

On April 1, 2025, Indian stock markets experienced significant declines due to investor apprehension surrounding U.S. President Donald Trump's impending reciprocal tariffs. The BSE Sensex dropped 1.69%, or 1,313 points, closing at 76,105.82, while the NSE Nifty fell 1.41%, or 332.15 points, ending at 23,187.2. Investors are exercising caution ahead of the April 2 implementation of these tariffs, which are expected to impact various sectors. Analysts suggest that market trends will hinge on the specifics of the tariff announcements and their sectoral implications. Additionally, concerns over Trump's recent statements regarding Russia and Iran have further contributed to market volatility. (PC: The Indian Express & India Today)

India imposes substantial tariffs on American goods, including 150% on alcohol and 100% on agricultural products. The White House has criticized these rates as "egregious," advocating for fair and reciprocal trade practices. President Donald Trump has signaled potential reciprocal tariffs starting April 2, aiming to address these imbalances. In response, India has proposed reducing tariffs on U.S. farm products like almonds, cranberries, and bourbon whiskey, seeking to prevent impending U.S. duties and strengthen bilateral trade relations. Negotiations between Indian officials and U.S. trade representatives are ongoing, with both sides aiming for a mutually beneficial agreement. (PC: Your Story)