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India-US trade deal: Why Indian importers are delaying customs clearance of American dry fruit; ‘opting to pay penalty because…’

India levies a 100% duty on US walnuts, both shelled and unshelled, alongside specific duties of ₹35 per kilogram on almonds in shell and ₹100/kg on almond kernels. (AI image) India-US trade deal talks impact: Even as India and the US look to finalise a trade deal ahead of US President Donald Trump’s tariff deadline,…

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Asian stock market today: Indices trade mixed amid Trump’s renewed tariff threat; Hang Seng up 0.2%, Shenzhen dips 0.9%

Asian shares were mixed on Tuesday, as renewed concerns over US President Donald Trump’s tariff plans unsettled investors. Japan’s benchmark Nikkei 225 gained 64 points, or 0.16%, in morning trade, reaching 39,524. Hong Kong’s Hang Seng Index also edged up by 47 points, or 0.2%, to 24,250. However, South Korea’s Kospi slipped 5 points, or…

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Gold & silver price prediction today: Where are gold, silver rates headed on July 15, 2025 and in the near-term? Here’s what investors should know

Gold price prediction: In the very short-term, spot gold is expected to move majorly on tariff news flow. (AI image) Gold price prediction today: Even as gold prices climb, it is silver prices which are in focus after hitting record highs. US President Donald Trump’s tariff war, the fresh threat of 100% tariff on Russia…

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Wealth management outlook: India’s wealth firms set for over 20% annual growth on HNI surge, says Jefferies; rising attrition & cost pressures flagged as key risks

India’s booming economy and rising number of high-net-worth individuals (HNIs) are set to drive more than 20% annual growth for wealth management firms over the next three years, global brokerage Jefferies has projected in a new report.Jefferies said the core wealth management (WM) segment in India is likely to see strong momentum, backed by expanding…

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Trump tariffs: US slaps 17% duty on Mexican tomato imports; commerce department calls move fair protection for farmers

The US government on Monday announced a 17% import duty on most fresh tomatoes from Mexico, aiming to protect and revive its own domestic tomato industry. The move comes after talks with Mexican officials collapsed without reaching a new agreement to avoid the tariff.Mexico currently supplies about 70% of the US tomato market, up from…

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GCCs in growth spotlight: Goldman Sachs says India will hit $10 trillion GDP in 10 years; global capability centres to add $0.5 trillion

India’s Global Capability Centres (GCCs) could contribute as much as $0.5 trillion to the country’s gross value added (GVA) over the next decade, as India advances toward becoming a $10 trillion economy, a top Goldman Sachs executive said on Monday.Gunjan Samdani, Co-Chairman of Goldman Sachs India, said the GCC sector is expected to directly employ…

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