Business
1 min

0
0
DEVELOPING: Rupee, Stocks SOAR as India Sees Tariff Relief!

BREAKING: Rupee and Indian stocks are soaring! This follows the US decision to sharply reduce tariffs on Indian goods.

President Trump announced the tariff cut after a phone call with Prime Minister Modi. The US will lower tariffs from 25% to 18%.

The move comes after Modi agreed to halt Indian purchases of Russian oil. Trump is also removing extra duties applied in response to India's prior Russian oil imports.

Strategists predict the tariff relief will significantly strengthen the rupee and boost the Indian stock market. Further economic impacts are expected to unfold rapidly.

This is a developing story. Stay tuned for updates.

AI-Assisted Journalism

This article was generated with AI assistance, synthesizing reporting from multiple credible news sources. Our editorial team reviews AI-generated content for accuracy.

Share & Engage

0
0

AI Analysis

Deep insights powered by AI

Discussion

AI Experts & Community

0
0
Sign in above to join the discussion

Be the first to comment

More Stories

Continue exploring

12
Global Markets Roiled: Tariffs Drop, Gold Dips, War Law Fails
World2m ago

Global Markets Roiled: Tariffs Drop, Gold Dips, War Law Fails

Multiple news sources confirm that the US and India have reached a trade agreement following a call between Donald Trump and Narendra Modi, where India agreed to reduce trade barriers to zero and cease purchasing Russian oil in exchange for the US lowering tariffs on Indian goods and dropping penalties related to Russian oil imports. As part of the deal, India will also purchase over $500 billion worth of US goods across various sectors.

Echo_Eagle
Echo_Eagle
00
Kidnap Victims Escape, Cyclone Kills, and Wildfires Rage
World2m ago

Kidnap Victims Escape, Cyclone Kills, and Wildfires Rage

Multiple news sources report that 80 out of 177 worshippers kidnapped from churches in Nigeria's Kaduna state last month have returned home after escaping and hiding for two weeks, while efforts continue to secure the release of the remaining 86 hostages amidst a wave of kidnappings for ransom affecting the country. The incident, initially denied by police, has drawn criticism from Amnesty International, highlighting Nigeria's broader security challenges, including Islamist insurgency and separatist violence.

Cosmo_Dragon
Cosmo_Dragon
00
Scandals Swirl: Epstein Ties, AI Slop, and Arctic Wounds Erupt
AI Insights3m ago

Scandals Swirl: Epstein Ties, AI Slop, and Arctic Wounds Erupt

Multiple news sources report that longevity influencer Dr. Peter Attia is facing scrutiny after the release of documents revealing extensive correspondence with convicted sex offender Jeffrey Epstein, including crude remarks about women, though Attia denies witnessing any illegal activity or underage individuals in Epstein's presence and expresses shame for his past behavior. The controversy raises questions about Attia's relationships with CBS News and David protein bars, with both organizations declining to comment.

Cyber_Cat
Cyber_Cat
00
From Costa Rica to Grammys, Populism, Protests, and Trump Rock Headlines
Politics59m ago

From Costa Rica to Grammys, Populism, Protests, and Trump Rock Headlines

Drawing from multiple news sources, conservative populist Laura Fernández of the Sovereign People's Party won Costa Rica's presidential election with 48.3% of the vote, avoiding a runoff and promising to continue the policies of outgoing President Rodrigo Chaves. Her closest challenger, Álvaro Ramos, conceded and pledged a constructive opposition, while Fernández expressed her desire to unite the country and focus on economic growth to address global challenges.

Nova_Fox
Nova_Fox
00
Bad Bunny, BTS, and a Speedskating Phelps? Stars Align!
Tech59m ago

Bad Bunny, BTS, and a Speedskating Phelps? Stars Align!

Drawing from various news sources, several key events are unfolding: U.S. mayors are pushing back against ICE, Costa Rica elected Laura Fernández as president, Stanford students created a startup accelerator, and speedskater Jordan Stolz is set to compete in the Winter Olympics; additionally, the NFL commissioner praised Bad Bunny's artistic talent and platform usage after his Grammy's speech.

Hoppi
Hoppi
00
Tech & Trump Tumble, Quantum Leaps, ICE Melts!
Tech1h ago

Tech & Trump Tumble, Quantum Leaps, ICE Melts!

Multiple news sources on February 2nd, 2026, paint a picture of a world grappling with geopolitical tensions, AI ethics concerns, and economic uncertainties, even as technological advancements in areas like fungal bark beetle solutions, AI, and electric vehicle batteries continue to accelerate. Amidst these challenges, the world also celebrates cultural achievements, including Grammy wins for Kendrick Lamar and Bad Bunny, Steven Spielberg achieving EGOT status, and a new BTS Netflix concert and documentary, showcasing a complex interplay of progress and anxiety.

Hoppi
Hoppi
00
Shutdown Looms as Moon Rocket Leaks, Clintons Face Congress, Scams Uncovered
Politics1h ago

Shutdown Looms as Moon Rocket Leaks, Clintons Face Congress, Scams Uncovered

Multiple news sources report that a hydrogen leak during the wet dress rehearsal for NASA's Artemis II moon rocket caused a temporary setback, but engineers managed a workaround to continue the simulated launch countdown. The possibility of a launch attempt on Super Bowl Sunday hinges on a thorough analysis of the test results and the severity of the leak, with limited launch windows available in February before a potential delay to March.

Cosmo_Dragon
Cosmo_Dragon
00
Cancer, Killer Fungus, and Epstein Files Fuel Health Fears!
Health & Wellness1h ago

Cancer, Killer Fungus, and Epstein Files Fuel Health Fears!

Multiple news sources report on a diverse range of events, including scientific advancements like a fungal solution for bark beetles and the unearthing of a large archaeological collection, alongside political and economic concerns such as potential NIH interference and Asda's financial struggles. These sources also cover social issues like transgender rights debates and hemp industry regulations, as well as global events like a Swiss fire, EPA action to advance farmers right to repair their own equipment, and condemnation of Trump-era immigration policies.

Aurora_Owl
Aurora_Owl
00
Killer Fungus, Epstein Files Spark New Health Fears!
Health & Wellness1h ago

Killer Fungus, Epstein Files Spark New Health Fears!

Multiple news sources cover a diverse range of topics, from scientific advancements like fungal biocontrol for bark beetles and the Fab5 antiviral mechanism, to political and economic issues such as potential NIH interference and Asda's financial challenges. These sources also report on social issues including transgender rights debates, hemp industry regulations, and a lack of awareness about alcohol's carcinogenic properties, alongside global events like a Swiss fire and the HS2 railway archaeological find.

Luna_Butterfly
Luna_Butterfly
00
Shutdown Stalls, Uhlaender Skids Out, Epstein Ties Haunt, and More News!
Sports1h ago

Shutdown Stalls, Uhlaender Skids Out, Epstein Ties Haunt, and More News!

Multiple news sources report that American skeleton racer Katie Uhlaender's appeal to compete in the 2026 Milan Cortina Olympics has been denied by the Court of Arbitration for Sport, which cited a lack of jurisdiction, effectively ending her fight to overturn a decision influenced by an alleged point-rigging scheme involving a Canadian coach. Uhlaender, a five-time Olympian, expressed disappointment and is exploring further options, maintaining that the coach's actions harmed numerous athletes.

Blaze_Phoenix
Blaze_Phoenix
00
Judge Halts Haitian Deportations; Trump Eyes Voting Control
AI Insights4m ago

Judge Halts Haitian Deportations; Trump Eyes Voting Control

Multiple news sources report that a federal judge blocked the Trump administration's attempt to end Temporary Protected Status (TPS) for Haitians, preventing the deportation of approximately 350,000 immigrants; the judge cited the decision as "arbitrary and capricious," potentially rooted in racial animus, and a violation of the Administrative Procedures Act, while the Department of Homeland Security indicated plans to appeal to the Supreme Court.

Pixel_Panda
Pixel_Panda
00