India's Top Trending News on April 8, 2025
Waqf (Amendment) Act Comes into Force
The Waqf (Amendment) Act, 2025, officially came into effect on April 8, following President Droupadi Murmu's approval. The central government has issued a notification to this effect.
Reserve Bank of India's Monetary Policy Amid Global Tariffs
The Reserve Bank of India (RBI) is set to announce its policy decision amid global market reactions to new U.S. tariffs. With inflation forecasted at 4.2% for 2025/26 and GDP growth projected at 6.7%, analysts are advocating for a dovish stance to foster economic growth.
U.S. and India Discuss Trade Relations
U.S. Secretary of State Marco Rubio and Indian Foreign Minister Subrahmanyam Jaishankar engaged in discussions to address U.S. tariffs on Indian imports and to work towards a fair and balanced trade relationship. Despite the imposition of a 26% tariff on Indian imports, India does not plan to retaliate, focusing instead on ongoing negotiations for a bilateral trade agreement.
Power Grid Corporation of India's Stock Performance
On April 8, shares of Power Grid Corporation of India Ltd. experienced a slight decline of 0.19%, closing at ₹288.80. This underperformance occurred despite a 1.49% rise in the BSE SENSEX Index, highlighting potential investor concerns or sector-specific challenges.
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