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Economy - Angel One

Trump’s Tariff on Indian Goods Revised to 26% in Latest White House Update

Trump’s Tariff on Indian Goods Revised to 26% in Latest White House Update

4 April 2025

In a recent White House tariff update, the reciprocal tariffs on Indian goods have been revised from 27% to 26%. This new decision falls under a broader policy shift concerning Trump tariffs, which are part of the trade defence approach aimed at reshaping US-India trade relations. The revised figures are part of a larger tariff …

India Secures 10th Spot with $1.4 Billion Private AI Investment: UN Report

India Secures 10th Spot with $1.4 Billion Private AI Investment: UN Report

4 April 2025

India has made significant strides in the global artificial intelligence (AI) landscape, securing the 10th position for private investment in AI with a total of $1.4 billion, as highlighted in a recent report by the United Nations. This achievement places India among the only two developing nations—alongside China—to appear in the top ten for AI …

UPI Transactions Soar to New Highs in March

UPI Transactions Soar to New Highs in March

3 April 2025

The Unified Payments Interface (UPI) in India has achieved a new milestone in March, showcasing the increasing adoption of digital payments in the country. Data released by the National Payments Corporation of India (NPCI) indicates a significant surge in both the volume and value of UPI transactions during the month, primarily attributed to year-end financial …

How Trump’s 26% Reciprocal Tariffs Could Impact the Indian Stock Market?

How Trump’s 26% Reciprocal Tariffs Could Impact the Indian Stock Market?

3 April 2025

On April 2, 2025, US President Donald Trump made an announcement related to the reciprocal tariffs on trading partners. Donald Trump made no exclusion for any country as he announced reciprocal tariffs on more than 180 countries. In addition, Trump also announced the imposition of a 10% baseline tariff apart from country-specific tariffs. Trump declared …

How RBI Helped Overcome Record India Cash Crunch: Bloomberg Report

How RBI Helped Overcome Record India Cash Crunch: Bloomberg Report

3 April 2025

India’s financial system recently witnessed one of the worst liquidity crunches in its history. However, decisive action by the Reserve Bank of India (RBI) has turned the tide. According to a Bloomberg report, the central bank’s interventions have not only alleviated the cash shortfall but also improved key indicators such as overnight borrowing costs and …

India Overtakes US & Europe in Locomotive Production: 1,681 Units Manufactured in FY 2024-25

India Overtakes US & Europe in Locomotive Production: 1,681 Units Manufactured in FY 2024-25

3 April 2025

India has reached a significant milestone in locomotive manufacturing by producing 1,681 locomotives in the financial year 2024–25, overtaking regions such as the United States, Europe, South America, Africa, and Australia. This marks a new era of industrial capability and railway infrastructure expansion for the country, making it a global leader in locomotive production. Production …

Pradhan Mantri Awaas Yojana Gramin (PMAY-G): Guide to the Extended Scheme

Pradhan Mantri Awaas Yojana Gramin (PMAY-G): Guide to the Extended Scheme

19 March 2025

The Pradhan Mantri Awaas Yojana Gramin (PMAY-G) has been a game-changer in addressing housing deprivation in rural India. The scheme, aimed at providing affordable housing for the rural poor, is driven by a thorough and transparent beneficiary identification process, based on the Socio-Economic Caste Census (SECC)-2011 data, exclusion criteria, and a detailed verification process. Extension …

Crude Oil Prices Plunge Over 2% as Trump’s New Tariffs Spare Energy Sector

Crude Oil Prices Plunge Over 2% as Trump’s New Tariffs Spare Energy Sector

3 April 2025

Oil prices tumbled after US President Donald Trump announced sweeping tariffs on major trading partners, including China and the European Union, sparking fears of a broader trade war that could dampen global economic growth and energy demand. At 8:39 AM (IST), Brent crude dropped by 2.28% to $73.24 per barrel, while West Texas Intermediate (WTI) …

Coal & Lignite PSUs Provide 3,963 Lakh Kilolitres of Treated Mine Water in FY25

Coal & Lignite PSUs Provide 3,963 Lakh Kilolitres of Treated Mine Water in FY25

25 March 2025

Coal and Lignite Public Sector Undertakings (PSUs), including Coal India Limited (CIL), NLC India Limited (NLCIL), and Singareni Collieries Company Limited (SCCL), are actively implementing measures to ensure the sustainable utilisation of mine water for irrigation and community use. By repurposing excess mine water, these PSUs aim to reduce dependence on groundwater for irrigation, industrial, …

PM Internship Scheme Round 2: What are the Eligibility Criteria to Apply?

PM Internship Scheme Round 2: What are the Eligibility Criteria to Apply?

26 March 2025

Introduced in the Budget 2024-25, the PM Internship Scheme (PMIS) aims to offer one crore internships at leading companies over the next 5 years. After receiving an overwhelming response of over 6 lakh applications in Round 1, Round 2 offers more than 1 lakh internship opportunities across 730+ districts in India, serving as a valuable …

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