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Buy or sell: Stock recommendation by brokers for April 4, 2025

Macquarie Equity Research rated Vodafone India 'underperform' with a target price of Rs 6.50. Elara Securities India maintained an 'accumulate' stance on Hindalco Industries, while Emkay Global Financial Services downgraded Dabur to 'reduce'. JM Financial and Nirmal Bang Securities recommended 'buy' for Inox India and Sky Gold & Diamonds respectively.

Sacked Nepal official crowdfunds to pay fine imposed on Gyanendra

Supporters of former Nepali king Gyanendra Shah have raised Rs 4.8 lakh to help pay a penalty for damage during a pro-monarchy protest. The government had imposed an Rs 8 lakh fine for damage to public property. Meanwhile, Shah denied involvement in the unrest and criticized the government for its failures.

Sikandar box office collection Day 5: Salman Khan starrer CRASHES with just Rs 5.75 crore earning on Thursday

Salman Khan's action drama Sikandar struggles at the domestic box office with only Rs 5.75 crore on Day 5, total earnings reaching Rs 90 crore. Producers claim global earnings of Rs 158.5 crore. Audience turnout remains low at 8.24% occupancy. The film risks becoming one of Khan’s lower-grossing efforts, crucial days ahead for potential recovery.

It's advantage India in smartphone manufacturing

US President Trump's tariff hikes could potentially boost India's share in global smartphone production from Apple and Samsung. Apple's expansion in India appears more attractive as it seeks lower tariffs through negotiations. Meanwhile, Samsung may scale up operations in India due to increased tariffs on its Vietnam base.

Trump tariff: Steel, aluminium untouched; metal exporters breathe easy

Metal exporters in India are relieved as the White House exempts steel and aluminium from an additional 27% duty, though a 25% tariff remains. Copper is also spared from reciprocal tariffs. Experts note that major issues may arise from secondary effects if a tariff conflict ensues, but the proposed 12% safeguard duty could protect India's […]

Tariff tussle: Jewellers stare at low US demand, job losses

The recent imposition of a 27% tariff on Indian gems and jewellery imports by the US is likely to significantly reduce demand in its largest export market, causing potential job cuts in the heavily manual labor-dependent industry. Exporters anticipate that without favorable trade negotiations, there could be a 30-50% decline in US exports.

NDA's new 'secular' entrants, NCP and JDS, support waqf bill

Rajya Sabha saw a heated debate on the waqf bill, with NCP's Praful Patel and JDS's HD Deve Gowda supporting it and criticizing Congress for its stance. Patel pointed out Sena's controversial past, while Gowda praised PM Modi's efforts to safeguard waqf properties and emphasized India's secular values.

Rahul Gandhi says China has grabbed 4,000 sqkm, Anurag Thakur hits back

Rahul Gandhi criticized the government in Lok Sabha for allegedly losing 4,000 sq km of territory to China and questioned the measures against US-imposed import tariffs affecting India's economy. BJP's Anurag Thakur countered, blaming previous Congress regimes for territorial losses and financial controversies.

Waqf bill seeks to complete unfinished tasks of previous governments: Kiren Rijiju

Minority affairs minister Kiren Rijiju refuted the opposition's claims about the new waqf law being anti-Muslim. He emphasized that the legislation aims to improve the management of waqf properties and address past governments' unfulfilled objectives, ensuring usage for the benefit of Muslims.

India, Thailand boost strategic ties with focus on Asean unity

India and Thailand have strengthened their relationship, forming a strategic partnership to address security and economic concerns in the Indo-Pacific region. They signed five cooperation agreements, focusing on tourism, education, and technology, and committed to combatting human trafficking. Modi emphasized cooperation in renewable energy, digital technology, and FinTech.