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News from Financial Express

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Top Financial Express News

How were Donald Trump's tariffs calculated?
Tariffs · United States

How were Donald Trump's tariffs calculated?

41% Left coverage: 134 sources
The White House listed new tariff rates for different countries. It didn’t take long for market observers to try to reverse engineer the formula. Many observers said the U.S. appeared to have divided the trade deficit by imports from a given country to arrive at tariff rates for individual countries. Such methodology doesn’t necessarily align with the conventional approach for calculating tariffs and implies the U.S. would have looked at only the trade deficit in goods and ignored trade in services. The U.S. also appeared to have applied a 10% levy for regions where it is running a trade surplus.See the Story
Gold hits all-time high as Trump's tariff plans stir inflation worries
Business · United States

Gold hits all-time high as Trump's tariff plans stir inflation worries

36% Right coverage: 78 sources
Gold prices hit a record peak on Tuesday, as concerns that U.S. President Donald Trump's reciprocal tariffs might fuel inflationary pressures and impede economic growth drove safe-haven demand.Spot gold was up 0.6 per cent at $3,142.83 an ounce, as of 0310 GMT, after hitting an all-time high of $3,145.38See the Story
Austin now home to at least 11 billionaires
Warren Buffett

Austin now home to at least 11 billionaires

42% Center coverage: 12 sources
Tesla CEO Elon Musk leads the second wealthiest person on the Forbes list — Mark Zuckerberg of Meta Platforms Inc. — by more than $120 billion. Included with this report is a list of the wealthiest ZIP codes in the Austin metro.See the Story

Donald Trump · India

Pharma stocks under pressure, tank over 10 per cent as Trump hints at 'never seen before' tariffs

75% Right coverage: 4 sources
Cipla Share Price, Sun Pharma Share Price: Shares of pharmaceutical companies are under pressure on Friday, i.e. April 4, 2025, after US President Donald Trump said that the sector will see 'never seen before' tariffs. As a result, the Nifty Pharma index fell over 6 per cent after opening in the green today. Nifty Pharma had started the session in green at 21,430.95 against the previous close of 21,423.55.  Following the US President's remark, s…See the Story
Instagram · India

Behind Allu Arjun’s success: Meet Sneha Reddy, the entrepreneur with a Rs 42 crore net worth and 9 million social media followers

Coverage: 2 sources
Sneha Reddy, wife of Pushpa 2 star Allu Arjun, is a successful entrepreneur with a net worth of Rs 42 crore and a massive following of 9 million on Instagram. Known for her business ventures and strong social media presence, she has become a prominent figure in her own right.See the Story
Piyush Goyal · India

BJP MP Defends Piyush Goyal's Remark On Startups, Says Zepto CEO's Response Was 'Illogical'

100% Right coverage: 2 sources
BJP MP Praveen Khandelwal defended Piyush Goyal's critique of Indian startups, saying Zepto CEO Aadit Palicha's response missed the essence of the Union Minister's statement.See the Story
Vaccines · Mumbai

Bharat Serums and Vaccines will acquire Firstline Pharma, Genomicks to enhance its presence in women’s health segment

100% Right coverage: 1 sources
Moreover, the companies distribute a wide range of products which include FoliculinTM, Hucog, Humog, Profortil, Fortelle+Omega 3.See the Story
Jerome Powell

All eyes on Jerome Powell as US Fed chief talks on economic outlook today

100% Right coverage: 2 sources
Powell's commentary may offer important insights on a range of issues, such as the economy, jobs, tariffs, and rate direction.See the Story
Taxes · Vietnam

These apparel stocks could be hit the hardest by the 46% Vietnam tariff

Coverage: 5 sources
The 46% tariff on Vietnam is expected to affect these apparel companies that moved to the country to avoid trade tensions with China.See the Story
Social Media · India

Kunal Kamra promises free vacation to Mumbai banker summoned by police over his show

100% Right coverage: 1 sources
Kunal Kamra’s tweet quickly gained traction, with social media users reacting to the unfolding incidentSee the Story
Startups · India

Bengaluru-based CEO earns praise after sacking 70 employees: ‘Respect for…’

60% Right coverage: 5 sources
Bengaluru News: Despite laying off 70 employees, OKCredit CEO Harsh Pokharna ensured a smooth transition, offering job referrals and extra pay. His compassionate handling of layoffs earned him admiration online.See the Story

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