MMTC Ltd was incorporated in 1963, to facilitate foreign trade in India and canalize the export and import of essential minerals and metals. The President of India owns a significant stake in the company, holding 89.93% shares. Today, the shares of MMTC Ltd jumped over 10% to ₹116.30 per share with a spurt in volume by more than 1.10 times.

US Treasury Secretary Scott Bessent said China's decision to impose 84% retaliatory tariffs on US goods is a losing proposition for them. China's move came after US President Donald Trump imposed 104% tariffs on Chinese goods. "It's unfortunate that the Chinese don't want to negotiate, because they are the worst offenders in the international trading system," he said.

China will impose 84% tariffs on US goods, up from the 34% previously announced, China said on Wednesday. A day ago, US President Donald Trump raised tariffs on Chinese goods to 104% after threatening to impose additional tariffs on Chinese imports if China didn't withdraw its 34% retaliatory tariffs. China said it's equipped to "fully offset" any negative external shocks.

Tahawwur Rana is a Pakistani-origin Canadian businessman who is being extradited from the US to India for his role in the 26/11 Mumbai attacks. Before moving to Canada, he served as a doctor in the Pakistani Army. He ran an immigration agency, but it was later revealed that the agency was used as a cover to plot terror activities.

India has cleared a mega deal to buy 26 Rafale Marine fighter aircraft from France, ANI reported on Wednesday, citing government sources. "The government-to-government deal worth over ₹63,000 crore will be signed soon," it added. Indian Navy will get 22 single-seater and four twin-seater aircraft as part of the deal, ANI further reported.

Amazon India has eliminated referral fees on 1.2 crore products under ₹300 across 135+ categories. This includes items like Apparel, Beauty, and Home Decor. National shipping rates now start at ₹65, making it more affordable for small businesses to reach customers across India, said the e-retailer, adding that multi-unit orders save up to 90% on additional units.

Microsoft has overtaken Apple to become the world's most valuable company following Apple's 23% plunge over the past four trading sessions. As of Tuesday's close, Microsoft was worth $2.64 trillion, while Apple was worth $2.59 trillion, CNBC reported. Among big tech companies, Apple is getting hit the hardest by Trump's reciprocal tariffs due to the iPhone maker's reliance on China.

Reserve Bank of India's (RBI) Governor Sanjay Malhotra on Wednesday announced Monetary Policy Committee's (MPC) decision to cut the repo rate by another 25 bps to 6%. In February 2025, repo rate was cut by 25 bps to 6.25% in the first reduction since May 2020. Several economists believe RBI will bring repo rate down to 5.5% before 2025 ends.

US President Donald Trump's 26% tariffs on imports from India came into full effect on Wednesday morning. Trump announced the reciprocal tariffs on April 3 at the White House as part of his 'Liberation Day' announcement event. During the announcement, Trump had called Prime Minister Narendra Modi "a great friend" but added that India was "not treating us right".

SOTC has announced its ‘Super Holiday Sale’ with up to ₹70,000 off per couple. Customers can avail Buy 1 Get 1 on select Asia holidays and free add-on cruises & holidays on multi-country Europe holidays. Europe Super Saver packages start at ₹1,52,900 including airfare. Additionally, customers can avail up to ₹30,000 off per couple on domestic & spiritual holidays.

After US President Donald Trump raised tariffs imposed on China to 104%, Chinese Premier Li Qiang said the country has ample policy tools to "fully offset" any negative external shocks. He also reiterated his optimism about growth of the world's second-largest economy in 2025. Trump raised tariffs after China retaliated to US' 34% tariffs with equivalent tariffs on US goods.