

Pharmaceutical stocks decline due to Trump’s 25% tariff plans.
On February 19, U.S. President Donald Trump hinted at possible pharmaceutical import duties of about 25 percent, which caused pharmaceutical stocks to plummet, with some falling as much as 10 percent. His warning that it “will be 25 percent and higher, and it’ll go very substantially higher over a year” raised concerns about the effect…

India’s Oilmeal Exports Drop 9.34% Due to Declining Demand for Rapeseed
India’s oil meal exports fell by 9.34% in April-January 2024-25, reaching 36.03 lakh tonnes, compared to 39.74 lt in the previous fiscal. The decline was mainly due to a sharp drop in rapeseed meal exports, which fell from 18.95 lt to 15.42 lt, and castor seed meal exports, which declined from 3.27 lt to 2.58…

Gold prices rise on US President’s tax plans
Gold prices rose 1.24% to $86,113 on concerns over the US President’s tax plans. A 9% price increase is expected by the end of the year on strong central bank demand, which is why Goldman Sachs (NYSE:GS) raised its 2025 gold price forecast to $3,100 per ounce from $2,890 per ounce. Following a report on…

Jeera Rises Despite Month-Long Delay for Gujarat’s New Cumin Crop
Jeera prices in India rose by 3.56% to ₹21,805 due to delayed crop start in Gujarat and postponed sowing in key states. However, demand remains sluggish, and export orders are fulfilled from existing stocks. Farmers hold around 20 lakh bags of jeera, with only 3-4 lakh bags expected to be traded by the season’s end….

The ICRA predicts that government spending would drive GDP growth to 6.4% in Q3FY25.
With improved government expenditure and uneven consumption, Q3FY2025 GDP is predicted to increase to 6.4% from Q2FY25’s seven-quarter low of 5.4%, according to ICRA. The gross value added (GVA) growth rate is also predicted to show a comparatively broad-based improvement, rising from 5.6% in Q2FY2025 to 6.6% in Q3FY2025. The industrial (up 6.2% from 3.6%),…

Gold prices rise as dollar weakens
A weaker dollar and rising trade war fears helped gold prices rise 0.43% to 85,055. The US president’s decision to impose reciprocal tariffs on countries that impose tariffs on US imports has fuelled inflation fears, which has boosted demand for gold. Meanwhile, gold reserves in London storage facilities fell 1.7% to 8,535 metric tonnes at…

Welspun Corp gets fresh contracts for US natural gas pipeline projects totaling Rs 3,000 crore.
Welspun Corp declared on Monday that it had won orders for natural gas pipeline projects in the United States totaling Rs 3000 crore. “We are happy to announce receipt of new orders in the USA, including two large orders for HSAW Pipes and additional orders for HFIW Pipes, valued at approximately Rs 3,000 crore for…

FPIs withdraw Rs 21,272 crore from stocks in February; the outflow is expected to reach Rs 1 lakh crore in 2025.
Global tensions following the US’s import tariffs caused FPIs to withdraw Rs 21,272 crore from the Indian equity markets in the first two weeks of this month, continuing their exodus. In January, there was a net outflow of Rs 78,027 crore. Data from the depositories indicated that, with these, the overall outflow by FPIs in…

Due to limited supply, aluminium prices increased
Aluminium prices rose by 0.55% to ₹257.95 due to supply constraints and expectations of US tariffs not taking effect until April. Shanghai Futures Exchange aluminium inventories declined by 4.9%. Japan’s bargaining power in aluminium premium negotiations weakened due to slow imports and reduced overseas smelters. The People’s Bank of China (PBoC) pledged to support economic…

Silver demand has increased due to manufacturing and electrification demand
Silver prices rose 0.37% to ₹95,586 as demand for industrial applications, especially in the electrification and renewable energy sectors, continued to provide support. Silver expectations improved as the US ISM manufacturing PMI rose unexpectedly, indicating improving industrial demand. In addition, India’s ONGC committed Rs. 1 trillion to renewable energy, Global silver demand is forecast to…