EconomicNews Archives - Universal Group Of Institutions
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06Mar 2025

U.S. Imposes Reciprocal Tariffs on India, China, Others

Why in the News? U.S. President Donald Trump announced reciprocal tariffs from April 2, targeting India, China, and other nations with high levies on U.S. goods. He called these tariffs “very unfair” and emphasized boosting domestic manufacturing while retaliating against trade imbalances. Key Announcement: S. President Donald Trump criticized high tariffs imposed by India, China, …

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11Dec 2024

Rupee Falls to Record Low, Approaches 85 Mark

Why in the news? The rupee hit an all-time low of ₹84.852 against the dollar amid expectations of rate cuts under new RBI Governor Sanjay Malhotra, raising concerns about further depreciation. Impact of RBI Leadership Change on Markets: The bond and forex markets reacted differently to the appointment of Sanjay Malhotra as the new RBI …

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