Trade  

USA is India’s single largest export market, while China is the largest market for the country’s imports. While the trade war between US and China presents an opportunity for India, the question is whether the country is working in the larger scheme of things
 

The Indian rupee opened at 70.73 against the US dollar in early trade on October 1. The Indian rupee declined 31 paise to close at 70.87 against the US dollar on September 30. Forex traders said globally risk appetite has plunged as US-China trade concerns continue to linger. 
 

The Bombay Stock Exchange plunged over 310 points in opening trade on Monday. Nifty too dropped below 11,500 points.  IT stocks -- HCL Tech, TCS, Infosys -- were the major gainers.

The Indian rupee fell 7 paise to 70.63 against the US dollar in early trade on Monday. The Indian rupee on Friday had closed at 70.56 against the US dollar.

The rupee traded lower by 5 paise at 70.93 against the US dollar in early trade. It had closed at 70.88 on Thursday on foreign fund inflows. Crude oil prices eased after a quick recovery in Saudi Arabia's production.

The rupee rose by 14 paise to 70.90 against the US dollar in early trade on Thursday. Forex traders said investor confidence improved after US President Donald Trump said that trade deal with China could happen sooner than expected.
 

Among stocks, Tata Motors was the top loser which erased previous gains by 3.1% to trade at Rs 126.80 per share. All sectoral indices at the National Stock Exchange were in the red.
 

Rupee had settled at 71.34 against the US dollar on Thursday and appreciated by 27 paise to 71.07 against the US dollar on Friday. Forex traders said weakening of the US dollar vis-a-vis other currencies overseas and higher opening in domestic equities supported the rupee.

The Generalised System of Preference (GSP), implemented by the US since 1974, is the largest and oldest US trade preference scheme, and it allows duty-free imports for thousands of products from designated beneficiary countries.

Top gainers in the Sensex pack in early trade included Bajaj Finance, Reliance Industries, SBI, Yes Bank, Axis Bank, Kotak Bank, Tata Steel, Vedanta, Asian Paints, Bharti Airtel, HCL Tech, HDFC and TCS, rising up to 2.10%.
 

According to the Confederation of All India Traders (CAIT), these e-commerce giants are mocking the norms of Foreign Direct Investment

Forex traders said fall in global crude oil prices and fresh foreign fund inflows also enthused investors as the rupee rose 26 paise to 70.88 against the US dollar

Union commerce and industry minister Piyush Goyal, while speaking at a Board Of Trade meeting, said that maths did not help Einstein discover gravity. So, what did Newton discover then? Twitterati is going crazy over this speech.

Forex traders said Trump delaying the increase in Chinese tariff by 15 days enthused investors as the Indian rupee appreciated by 36 paise to 71.30 against the US dollar in early trade on Thursday

Weak sentiment weighed on silver prices as the it fell Rs 123 to Rs 47,675 per kg in futures trade on Wednesday