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2025-02-12 14:26:53| The Economic Times

US President Donald Trump's tariffs on steel and aluminium imports have raised fears of an all-out trade war. US businesses, including Coca-Cola and Ford, are preparing for impacts, such as cost increases and production shifts. Trump's tariffs aim to boost domestic industry and jobs but could impose heavy costs on manufacturers and small businesses.

Category: News and Media

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2025-02-12 14:00:19| The Economic Times

Tech view: Nifty has formed a double bottom pattern and a doji candle near key support levels. The 21-day simple moving average (DSMA) at 23,285 makes the 23,280-23,000 zone a strong resistance. On the downside, 22,780 serves as crucial support. Holding above this level, a buy-on-dips strategy is recommended, says Hrishikesh Yedve of Asit C. Mehta Investment Intermediates.

Category: News and Media

2025-02-12 13:24:15| The Economic Times

Prudential Plc is planning to list ICICI Prudential AMC, Indias second-largest mutual fund house, through a 10,000 crore IPO. The offering, subject to approvals, will involve a 10-15% stake sale, with proceeds intended for shareholder returns.

Category: News and Media

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