Trump does dirty business again

Trump does dirty business again

Just when the global markets were coming to terms with Trump’s disruptive trade policies, the US President announced his paln to impose reciprocal tariffs on countries, instead of a blanket tariff. This has further muddied the trade waters and increased volatility in markets.

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US Fed meeting: No change in rates, US markets fall after announcement

US Fed meeting: No change in rates, US markets fall after announcement

US Fed meeting: The process of rate cuts in the US has stopped for the time being. In the Federal Reserve meeting held on Wednesday, January 29, it has been decided not to make any change in the rates. This decision has been as per the market estimates. After the decision of the central bank, the rates will remain in the range of 4.25 percent to 4.5 percent.

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Kaynes Technology shares tumble 20% in early deals, here’s why 

Shares of Kaynes Technology slipped 20% in early deals today after the firm revised its FY25 revenue guidance. The guidance has been lowered to Rs 2,800 crore from the previously forecasted Rs 3,000 crore. Kaynes Technology shares plunged 19.79% to Rs 4226 against the  previous close of Rs 5268.95 on BSE. Market cap of the firm slipped to Rs 27,445 crore.

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