| ETCFO Newsletter | Thursday, April 3, 2025 |
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Daily Newsletter
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Top Stories
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President Donald Trump announced new tariffs today, imposing a 26% duty on Indian goods, aiming to address global trade imbalances and enforce discoun...
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President Donald Trump announced a 25% tariff on all foreign-made automobiles, including a targeted levy on Indian cars and auto parts. This move, par...
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India's commerce ministry is analyzing the impact of the US's 26% reciprocal tariffs on imports, set to take effect in stages from April 5. While the ...
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U.S. President Donald Trump announced new reciprocal tariffs, including a 10% baseline tariff on all imports and higher duties for key trading partner...
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The government has appointed Poonam Gupta as RBI Deputy Governor for three years, who arrives after the vacancy left by MD Patra's departure in Januar...
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Policy & Macro
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The Reserve Bank of India's net short positions in the forward book surged to a record high of $78.6 billion in February. Most of the positions fall i...
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The government has started implementing Production Linked Incentive (PLI) Scheme for Textiles on Pan India basis, Pabitra Margherita, the Minister of ...
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Business & Fund raising
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India saw a record number of company and LLP registrations in March, indicating strong investor confidence in the country's economic growth. March com...
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Venture debt refers to a variety of debt financing products applicable specifically to private equity and venture capital-backed companies. These are ...
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Trilegal advised Muthoot Finance Limited on the issuance of senior secured notes worth $250 million, due in 2029. This drawdown is part of MFL's $2 bi...
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Tax
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U.S. President Donald Trump has imposed significant global tariffs ranging from 10% to nearly 50%, causing businesses to consider raising prices, redu...
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Industry
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US tech companies are advising employees on H-1B visas to avoid international travel due to uncertainties in immigration policies under the Trump admi...
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Corporate
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The FMCG major has been allocated 27.96 acres at the SIPCOT's industrial park.
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Economy
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Deposit growth for South Indian Bank, Central Bank of India, and Punjab & Sind Bank ranged from 5.5% to 8.7% year-on-year in the March quarter, while ...
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The performance of Indian rupee in FY25, when compared with other global currencies, was relatively stable, with a stronger dollar weighing on all maj...
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The value of announced buybacks in the US reached $39.1 billion in March, the lowest dollar value since October 2020 and the lowest for March since 20...
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India's white-collar job market saw a slight dip of 1.4% in March 2025 compared to the previous year, primarily driven by declines in the retail, oil ...
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India's economy is expected to face minimal impact from US reciprocal tariffs, with a potential reduction in exports to the US amounting to just 0.1% ...
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Markets
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Oil prices fell by approximately $2 after President Trump's announcement of new tariffs on trading partners, inciting fears of a global trade war affe...
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U.S. stock indexes closed higher amid choppy trading as investors positioned themselves ahead of President Trump's sweeping tariff announcements. Post...
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Gold surged to a record high as investors sought safe-haven assets following President Trump's announcement of aggressive tariffs. The new tariffs, in...
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The U.S. dollar fell on Thursday after President Trump announced new tariffs targeting around 60 countries, escalating trade tensions and impacting gl...
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