President Donald Trump's 25% tariffs on all U.S. steel and aluminum imports took effect on March 12, 2025, aiming to protect domestic industries. In response, the European Union plans to impose tariffs on up to €26 billion of U.S. exports, while Canada announced C$29.8 billion in retaliatory tariffs, targeting metals, computers, and sports equipment. Canada's Finance Minister, Dominic LeBlanc, stated, "We will not stand idly by while our iconic steel and aluminum industries are being unfairly targeted." The escalating trade tensions have unsettled markets, with investors fearing a potential recession. Trump has threatened further tariffs if the EU proceeds with its countermeasures, stating, "Whatever they charge us, we're charging them."

India's retail inflation declined to 3.61% in February 2025, marking a seven-month low and falling below the Reserve Bank of India's (RBI) medium-term target of 4%. This decrease is primarily attributed to a significant drop in vegetable prices, leading to a food inflation rate of 3.75%, the lowest since May 2023. The easing inflation provides the RBI with the opportunity to implement further rate cuts to stimulate economic growth. Economists anticipate a 25 basis points reduction in the repo rate during the April policy meeting, with potential for additional cuts in subsequent months. The RBI had previously reduced the key interest rate by 25 basis points to 6.25% in February, the first cut in nearly five years.

Elon Musk’s Starlink is in discussions with Airtel and Jio to collaborate on satellite-based internet services in India. This move aims to boost internet accessibility in remote areas where traditional broadband infrastructure is lacking. Experts suggest that Starlink’s high-speed, low-latency internet can bridge India’s digital divide, enhancing rural education, healthcare, and e-commerce. However, regulatory approvals and pricing remain key challenges. If successful, this partnership could revolutionize India’s internet landscape, providing seamless connectivity even in the most underserved regions. Reliance Jio and Bharti Airtel’s involvement could also ensure widespread adoption and integration with existing telecom networks.

Airtel has signed a deal with SpaceX to bring Starlink's satellite internet to India, pending regulatory approval for Starlink's services. This partnership will allow Airtel to sell Starlink equipment, provide services to businesses, and extend connectivity to rural schools, health centers, and remote areas. Additionally, both companies plan to integrate Starlink into Airtel's network and use Airtel’s infrastructure in India. Airtel's existing collaboration with Eutelsat OneWeb for satellite internet will be complemented by Starlink, expanding internet access in underserved regions. This collaboration aims to provide high-speed connectivity across India.  

US President Donald Trump has halted his proposal to raise tariffs on Canadian steel and aluminium imports to 50%, just hours after threatening the increase. The existing 25% tariffs will remain in effect and are scheduled to take effect on March 12. The change in stance follows a move by the Canadian province of Ontario to suspend a 25% electricity charge on certain US states, responding to Trump’s tariff threats. This development highlights the continued trade tensions between the US and Canada, with both countries concerned about the potential economic repercussions.  

European stocks remained stable Tuesday despite a sharp sell-off in U.S. markets, where the S&P 500 fell 2.7% and the Nasdaq dropped 4%. Investors reacted to President Donald Trump's comments about a "transition" period for the U.S. economy and concerns over tariffs. Tesla shares plummeted 15.4%, while Nvidia, Meta, and Amazon also saw losses. European markets showed resilience, with Germany’s DAX rising 0.4%. Analysts warn that uncertainty surrounding Trump’s policies is unsettling investors. A White House official downplayed stock concerns, emphasizing long-term business growth.

The US stock market crashed on Monday, with the Nasdaq falling 3.6% and major tech stocks losing billions. Microsoft, Nvidia, and Tesla dropped up to 11%. The sharp fall was triggered by fears of a US slowdown, inflation worries, and new tariffs proposed by President Trump. European and Asian markets also took a hit. Experts warn that Indian markets may see losses, especially in IT stocks. Nifty closed lower at 22,460. Analysts say volatility will remain high. Investors are now waiting for inflation data from India and the US to see where the market goes next.

Global markets fell on Tuesday after Donald Trump said the US economy was in a "period of transition," raising recession fears. The S&P 500 fell 2.7%, the Dow Jones dropped 2%, and the Nasdaq sank 4%. Asian markets followed, with Japan's Nikkei down 2.3% and South Korea’s Kospi losing 2%. Tech stocks were hit hardest, with Tesla plummeting 15.4% and Nvidia down 5%. Trump’s tariffs on China, Mexico, and Canada have sparked investor uncertainty. Analysts warn of inflation risks, while the White House insists tariffs will boost manufacturing and job creation.

Baba Ramdev criticized US President Donald Trump, accusing him of "tariff terrorism" and bullying developing nations with economic policies. Speaking in Nagpur, he claimed Trump’s tariffs threaten democracy and create an "intellectual colonization" era. Ramdev urged Indians to unite for national strength. He also condemned vandalism at a Hindu temple in California, calling for global action against "religious terrorism." Additionally, he dismissed Aurangzeb as an ideal, praising Chhatrapati Shivaji instead. Trump's tariff policies have caused global market volatility, with India affected. The US plans reciprocal tariffs from April 2.

India and Ireland have agreed to set up a Joint Economic Commission (JEC) to enhance trade, investment, and high-tech collaborations. The decision was made during External Affairs Minister S. Jaishankar’s visit to Ireland, where he met Irish Foreign Minister Simon Harris. The JEC will serve as a platform for addressing trade issues, strengthening economic ties, and monitoring developments at the World Trade Organization (WTO). Both nations are also working on a new Action Plan to boost cooperation in education, technology, and business, marking a step forward in strengthening their economic partnership.