President Donald Trump said on Saturday that he plans to hike tariffs on imports of Canadian goods by an extra 10% because of an anti-tariff television ad aired by the province of Ontario.
China's rare golden snub-nosed monkeys are now in European zoos. This follows a decade-long loan agreement. These animals are unique to China's mountains. The move aims to foster scientific and conservation partnerships. Similar to panda exchanges, this initiative seeks to build international cooperation. Concerns about individual animal welfare are also noted. The monkeys are adapting to new environments outside Asia.
Agro-chemical firm Bharat Rasayan's board has greenlit a 1:1 bonus share issue and a 1:2 stock split, aiming to enhance share liquidity and broaden its investor base. This move will see existing Rs 10 shares divided into two Rs 5 shares, followed by a bonus issuance. The company reported a robust Rs 140.92 crore net profit for FY25.
Markets extended their winning streak for the fourth week, with Nifty up 0.33% and Sensex 0.31%. Optimism from strong earnings and trade hopes drove sentiment, though profit-booking and cooling indicators signal near-term caution.
The European Union is launching a new plan to reduce its dependence on China for critical raw materials. This initiative, named RESourceEU, aims to secure alternative sources from countries like Australia and Canada. It also focuses on increasing recycling efforts within the EU. The plan mirrors the EU's strategy to cut reliance on Russian energy.
Ajay Bagga highlighted Indias equity outlook, noting a near-term earnings recovery, rural-led consumption growth, muted urban demand, and opportunities in autos and durables, while cautioning on telecom, financials, and high-valuation FMCG stocks.
Venkatesh Balasubramaniam highlights expensive Indian markets with muted EPS growth, cautious sector bets, and selective opportunities in autos, hospitality, mid-cap IT, and energy amid rising oil prices and IPO exuberance.
