The rupee fell to a record low, and concerns about a worldwide trade war were raised by Trump’s tariff measures.

US President Donald Trump’s aggressive tariff measures against China, Mexico, and Canada, along with the recent threat against Europe, sparked worries of a global trade war, sending the rupee plunging to a new record low and the benchmark indices closing down on Monday. The rupee made its first foray below the 87/$ threshold. At 87.195/$,…

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Why the Nifty fell 600 points in three days before the US Fed’s announcement.

After a strong advance ahead of the US Federal Reserve’s policy statement later today, cautious investors booked profits, causing India’s share market to drop for three consecutive days, with the Nifty down about 600 points since Monday. After a strong 6.1 percent comeback from late November lows, the NSE index has fallen 2.5 percent since…

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