Why did the stock market crash today? BSE Sensex ends over 700 points down, Nifty50 below 24,000; top reasons for fall

Oil prices surged to a two-month high on Wednesday amid growing fears of additional supply disruptions. Stock market crash today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, crashed in trade on Wednesday, losing over 1% in intraday trade. Investors turned risk-averse amid the escalating US-Iran conflict, renewed tariff threats from US President Donald…

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JLR India launches assured buyback programme: Models, details

JLR India has introduced an Assured Buyback Programme for customers purchasing select Range Rover, Defender and Discovery models in the country. The new initiative promises an assured future value of up to 55 per cent of the vehicle’s ex-showroom price.Developed specifically for the Indian market, the programme combines a pre-determined buyback value with enhanced financing…

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Donald Trump’s 200% tariffs on pharma: Why India’s generic medicines could still remain competitive

Trump said generic drug imports would remain exempt from tariffs for the next two years. Beginning in August 2028, they would attract a 100% tariff. (AP photo) In a blow to India’s pharmaceutical industry, the Donald Trump administration has announced up to 200% tariffs on generic drugs that will be applicable in the coming years.US…

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Stuck at ports: Why several fertiliser vessels are stranded at Indian ports during peak kharif sowing season

Congestion has affected several major ports, including Kandla, Mundra, Jawaharlal Nehru Port (Nhava Sheva) and Chennai. (AI image for representative purpose) Congestion at Indian ports has left several fertiliser-carrying vessels stranded, which has slowed the unloading and onward movement of these essential crop nutrients. This comes at a time when the kharif sowing season is…

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‘Discussed trade, tariffs & critical minerals’: Jaishankar meets Rubio in Manila

Jaishankar and Rubio in Manila External affairs minister S Jaishankar on Wednesday met US secretary of state Marco Rubio in Manila, with the two leaders holding wide-ranging discussions on trade, tariffs, energy, defence, critical minerals, artificial intelligence and regional security.The meeting took place on the sidelines of the Association of Southeast Asian Nations (Asean) foreign…

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