Arup Roychoudhury

Snapping a three-day downswing, the 30-share BSE Sensex rose 1,089.18 points or 1.49 per cent to settle at 74,227.08.

US President Donald Trump, on Wednesday announced suspension of additional tariffs on India for 90 days until July 9 this year.

Speaking at the post-earnings media briefing of MSIL’s January-March quarter (Q4FY25) results, Bhargava said that the government needs to take steps to revive this segment.

From the Sensex firms, ICICI Bank, Power Grid, UltraTech Cement, Bajaj Finance, HDFC Bank, Reliance Industries, Bajaj Finserv, Adani Ports, Mahindra & Mahindra and NTPC were among the laggards. In contrast, Tata Motors, State Bank of India and Asian Paints were among the gainers.

The trigger for the enthusiasm among investors were the ceasefire between India and Pakistan, as well as the The United States and China agreeing to dramatically cut back on the tit-for-tat tariffs announced earlier, for 90 days.

Broader markets closed with gains on Tuesday with the BSE smallcap gauge jumping 0.99 per cent and midcap index by 0.17 per cent.

US President Donald Trump on Thursday claimed that India has offered to drop all tariffs on American goods.

Tech Investment Update: Apple to continue shifting iPhone production from China to India, reaffirming its commitment to expanding manufacturing capacity.

Apple has no smartphone production in the US – most of its iPhones are made in China while facilities in India produce around 40 million units per year, about 15% of Apple's annual output.

So far in its independent history, India has seen several transformative reforms that reshaped our economy and society. Three such ‘revolutions' stand out.