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According to experts, the US government's decision to apply a reciprocal duty of 26% on Indian imports is anticipated to have a major effect on India's gem and jewelry industry. In FY24, India exported $9.9 billion worth of gems and jewelry to the US, accounting for 12.8% of total exports. On April 2, US President Donald Trump declared the new duty, claiming it was roughly half as high as India's 54% tariff on US imports. With effect from April 5, the 26% tax will be in addition to the baseline 10% tariff on all imports. In FY24, goods tra

Groww Mutual Fund has launched the Groww Nifty 500 Momentum 50 ETF, an open-ended exchange-traded fund (ETF) that aims to provide long-term capital growth by investing in stocks from the Nifty 500 Momentum 50 Index. The fund seeks to replicate the index’s performance by maintaining the same proportion and weightage of securities, subject to tracking errors. The New Fund Offer (NFO) opens on April 3, 2025, and closes on April 17, 2025. With a minimum investment requirement of ₹500, the scheme charges no entry or exit load, making it an attractiv

Spinaroo Commercial's initial public offering (IPO) has shown modest progress through its four-day subscription period. The ₹10.17 crore IPO has witnessed gradual growth in demand, with subscription rates advancing from 0.16 times on day one, remaining at 0.18 times on day two, improving to 0.31 times on day three, and reaching 0.54 times by 11:39 AM on the final day, demonstrating limited investor interest in this manufacturer of aluminum foil containers, paper cups, plates, bowls, and related machinery. Spinaroo Commercial IPO retail segme

Infonative Solutions' initial public offering (IPO) has shown steady progress through its four-day subscription period. The ₹24.71 crore IPO has witnessed consistent growth in demand, with subscription rates advancing from 0.52 times on day one, improving to 0.79 times on day two, reaching 1.34 times on day three, and closing at 1.82 times by 11:09 AM on the final day, demonstrating solid investor interest in this e-learning solutions provider that specializes in custom learning development for corporate and educational sectors. Infonative S

A- Tariff rate and remarks on India Trump announced retaliatory duties ranging from 10 to 49 percent for other nations, while a flat 26 percent tariff was applied to all commodities exported by India to the US. According to a White House statement, India levies a 70% duty on passenger car imports, whereas the US only charges 2.5%. While rice attracts 2.7% in the US, it is 80% in India. Apples are permitted to enter the US duty-free, but India charges 50% tax on US apples entering India. According to the statement, India charges higher tar

The Nifty IT index has dropped 15% in trading during the last six months. Following the imposition of a broad-based 26 percent duty on all Indian exports by U.S. President Donald Trump, the Nifty IT fell by almost three percent during the opening trades on April 3. Giants like Infosys, TCS, and HCL Technologies led the losses on the Nifty 50 index as shares of IT services companies that rely heavily on U.S. business plummeted. Invest in Indian Markets and Unlock Future Potential With 5paisa! Open Account Now .login-warning { display:

Gold prices in India have continued their upward movement on 3rd April 2025, maintaining a consistent increase throughout the past week. As of today, the price of 22K gold is ₹8,560 per gram, while 24K gold stands at ₹9,338 per gram. This marks the highest gold rates recorded in April and March so far. Invest in Indian Markets and Unlock Future Potential With 5paisa! Open Account Now .login-warning { display: flex; flex-wrap: wrap; align-items: center; justify-content: space-between; backgr

Identixweb, a company that makes online business software, launched its IPO on the BSE SME platform on 26 March 2025. Through this listing, Identixweb gets access to new market growth prospects to enhance its development capabilities while securing market advantages in the technology industry. The innovative solutions combined with the digital transformation programs of Identixweb have generated a solid track record for store optimization and improved customer interactions that produce higher revenue. Identixweb Listing Details Identixweb