Friday, 28 March 2025 Gold prices in Mumbai have reached a record high, surpassing Rs 91,000/10gm, driven by global uncertainties and tariff wars. Silver prices have also surged, crossing Rs 1 lakh/kg mark. A report by Goldman Sachs has further boosted gold's outlook with a new target price of $3,300 for 2025.
Indian Railways has increased the speed of trains one of the most important train networks, Delhi-Howrah route (including Kanpur-Lucknow) to 160 Kmph' at a total.. DNA
India's first Bullet Train corridor between Mumbai and Ahmedabad has reached a significant construction milestone with the successful completion of 300 km of.. DNA
The Chief Justice of India's inaugural visit to Mumbai encountered unexpected protocol issues. The CJI noted the absence of key state officials upon his arrival... IndiaTimes
The Supreme Court resolved a 25-year legal dispute. Iskcon Bangalore gains control of the Hare Krishna temple. The court overturned a Karnataka High Court order... IndiaTimes
The Indian government has appointed Solicitor General Tushar Mehta to lead a team of special public prosecutors for the trial of Tahawwur Rana, a key conspirator.. IndiaTimes
China-US Tariff War: President Donald Trump has declared a 90-day pause on all new "reciprocal" tariffs, excluding China, which now faces a 125% levy. The decision triggered a massive rally on Wall Street, with the S&P 500 seeing its best day since 2008. Trump emphasized the need to avoid hurting friendly nations. However, economists remain cautious—Goldman Sachs warns of a 45% chance of a U.S. recession. Despite market optimism, analysts suggest the pause may not fully counteract the economic turbulence sparked by the ongoing global trade war.
#TrumpTariffs #TradeWar #USChina #RecessionFears #WallStreet #TariffPause #NasdaqRally #S&P500 #GlobalMarkets #Economy2025 #GoldmanSachs #JoeBrusuelas #USPolicy #FinancialMarkets #AsiaMarkets #MarketRally #TrumpSpeech #GlobalTrade #ChinaTariffs #ReciprocalTariffs
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Goldman Sachs has raised the odds of a major US and global recession, warning that President Trump’s new tariffs could trigger a sharp economic downturn. Amid rising market panic and tightening financial conditions, Goldman forecasts a 45% chance of recession and slashes the US growth forecast for 2025 to 0.5%. The move comes after a global market meltdown, with China experiencing its biggest crash since 2008 and the EU facing harsh tariffs of 20%. Meanwhile, JPMorgan highlights US trade policies as the biggest risk to the global economic outlook, as retaliation, supply chain disruptions, and business uncertainty intensify. With Wall Street witnessing a $6.6 trillion wipeout in just two days, investor Bill Ackman warns that these policies could lead to an "economic nuclear winter." As countries like Canada and the EU consider stronger responses, the global trade landscape enters a volatile new phase.
#Trump #StockMarketCrash #Economy #RecessionFears #FederalReserve #JPMorgan #GlobalRecession #Tariffs #TradeWar #WallStreet #ChinaCrash #USEconomy #GoldmanSachs #InterestRates #EconomicChaos
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