US tariffs bite: India’s engineering exports slump 16.7% in October; Asean, EU and UAE shipments weaken

India’s engineering goods exports fell a steep 16.71 per cent year-on-year in October 2025 to $9.37 billion, primarily due to a sharp drop in shipments to the US and a high base effect, the Engineering Export Promotion Council of India (EEPC) said on Saturday.Exports to key markets recorded widespread declines, with the Asean region seeing…

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Veiled jibe at the US? Jaishankar says politics now ‘trumps’ economics; urges India to diversify supply chains for security

File photo: External affairs minister S Jaishankar (Picture credit: ANI) External affairs minister S Jaishankar on Saturday said the world has entered an era where “politics increasingly trumps economics” and stressed that India must continuously diversify supply sources to safeguard national interests. The minister was speaking after receiving an Honorary Doctorate from IIM-Calcutta, reported PTI.“This…

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Sebi REIT shift: MF and SIF investments to count as equity from 2026; existing debt-scheme stakes to be grandfathered

The Securities and Exchange Board of India (Sebi) has announced that investments made by Mutual Funds (MFs) and Specialised Investment Funds (SIFs) in Real Estate Investment Trusts (REITs) will be treated as equity-related instruments from January 1, 2026. The move is aimed at encouraging greater participation in the REIT market, reported news agency ANI.Sebi said…

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‘We have all the cards’: Donald Trump touts tariffs as cornerstone of US strength; claims levies made America ‘rich and safe’

File photo: US President Donald Trump (Picture credit: AP) US President Donald Trump on Saturday defended his sweeping tariff regime, saying the duties had made the country “Rich, Strong, Powerful, and Safe,” in a post on his Truth Social account. Trump argued that because of the tariff framework he “set in place,” the United States…

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Price gap widens: Luxury home prices in India’s top seven cities jump 40%, led by Delhi-NCR’s 72% surge

Luxury home prices in India’s top seven cities appreciated 40% between 2022 and 2025, while affordable homes saw a more modest rise of 26%, according to an ANAROCK Research analysis of average price trends.Delhi and NCR recorded the highest average luxury home price appreciation at 72%, with prices jumping from Rs 13,450 per sq. ft….

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Tesla sparks EV push: Carmaker launches model Y in India; opens experience centers

American electric carmaker Tesla is exploring ways to develop an electric-vehicle ecosystem in India to support long-term growth and enhance the ownership experience. Since beginning deliveries in September, the company has sold 109 vehicles and is now planning to establish home charging units, install superchargers in major cities, and set up chargers at key destinations…

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Tariff shock: Indian exports to US crash 28.5%; GTRI warns labour-heavy sectors hurt most, urges quick policy action

India’s exports to the United States saw a sharp 28.5% fall between May and October 2025 as aggressive tariff hikes by Washington hit key sectors. According to the Global Trade Research Initiative (GTRI), shipments dropped from $8.83 billion to $6.31 billion during the period, coinciding with US duties rising from 10% in April to 25%…

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‘Phenomenally stupid’: Zerodha CEO Kamath sounds alarm on retail investors chasing pre-IPO gains; what he said

Zerodha founder and CEO Nithin Kamath cautioned retail investors against blindly chasing opportunities in India’s unlisted market, which is currently experiencing a surge in speculative activity. In a post on X Friday, Kamath said the ongoing IPO boom has fueled what he described as “phenomenally stupid” behaviour, with buyers eagerly seeking pre-IPO shares in hopes…

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