Author: V. Alure

Customers at a Ford dealership in Richmond, California, April 16, 2025.David Paul Morris | Bloomberg | Getty ImagesDETROIT — The strength of the U.S. automotive industry will face an early test this spring that has nothing to do with cars or trucks.With tax season starting, industry experts are projecting that some Americans, many of whom have been priced out of the new-vehicle market, will use anticipated higher tax returns to purchase a new or used vehicle.Extra cash on hand could lend a needed boost to an industry that’s suffering from slowing vehicle sales — or it could reveal continued problems…

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FILE PHOTO: US President Donald Trump holds a “Foreign Trade Barriers” document as he delivers remarks on tariffs in the Rose Garden at the White House in Washington, DC, US, April 2, 2025. | Photo Credit: Carlos Barria It is a mix of relief and confusion for Indian exporters following the US Supreme Court’s strike-down of  US President Donald Trump’s sweeping emergency tariffs. While the decision signals a victory for trade, industry players are staying cautious until the full regulatory fallout is clear.Some trade experts say that India had been too hasty in concluding an interim trade deal with the…

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Gift Nifty surged nearly 400 points from its lows on Friday after the US Supreme Court struck down former President Donald Trump’s sweeping tariffs, a move that has also triggered a rally in US equities. The US top court rejected Trump’s use of the 1977 International Emergency Economic Powers Act to impose broad-based tariffs, ruling against one of the most controversial assertions of executive authority in recent years.The decision has significant implications for global trade flows and financial markets that have been grappling with tariff-related uncertainty. Following the ruling, Wall Street’s main indices rallied on Friday, with investors interpreting the…

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Johnson & Johnson announced Wednesday it will invest more than $1 billion to build a next-generation cell therapy manufacturing facility in Montgomery County, Pennsylvania, a project expected to support more than 4,000 construction jobs.The new plant will produce advanced cell therapy technologies used to treat cancer, immune-related illnesses, and neurological diseases.Once fully operational, the site will also create more than 500 skilled biomanufacturing jobs, expanding the company’s US manufacturing capacity, PharmTech reported.The investment is part of Johnson & Johnson’s broader $55 billion commitment to boost manufacturing, research, development, and technology across the United States through early 2029.”For 140 years, Johnson…

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Finding FTSE shares that are undervalued can be easier than it sounds. OK, just because a stock has fallen, it doesn’t necessarily mean it’s good value. However, by using different financial ratios and adding in my own research, it’s possible to find companies that could rebound in the years to come. Here are two I’ve spotted. Image source: Getty Images Gone with the wind The first is the Renewable Infrastructure Group (LSE:TRIG). The stock is down 12% over the past year, and is close to 52-week lows. A key driver in this move has been lower expected electricity prices. This…

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As a long-term investor, it is hard not to be wowed by how well Amazon (NASDAQ: AMZN) has done. Amazon stock’s five-year gain of 26% may not look like much to write home about, but since its 1997 listing, it has grown by 227,444%. Very few shares do that! Lately, though, things have been less impressive. In fact, since the start of this year, Amazon stock is down by 11%. That suggests that investors have become more downbeat on the business prospects for Amazon relative to its stock price. But, from a long-term perspective, does that make sense? Image source:…

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  The MPC unanimously decided to keep the policy repo rate unchanged during the February meeting, while only one member — Ram Singh — preferred changing the stance to accommodative.   “In terms of the overall trajectory, inflation, as projected earlier too, is expected to remain benign,” RBI Governor Sanjay Malhotra said in the minutes.   “From the perspective of monetary policy, it is germane to mention that, while we target headline inflation, the composition of inflation too is important as monetary policy has varying impact on different constituents of inflation,” Malhotra said, adding that excluding precious…

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As of this year, Peak XV manages over $10 billion in assets under management with over 450 companies across financial services and fintech, software and AI, and consumer internet, spanning early to growth-stage investments. The firm has also begun investing globally, entering Singapore, the US, Australia, Middle East, Indonesia, Turkey, Japan, Taiwan, and Europe. Source link #Peak #raises #billion #invest #India #APAC #regions #Company #Business #News

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