World

U.S. stocks close lower

Feb 06, 2024

New York [US], February 6: U.S. stocks ended lower on Monday.
The Dow Jones Industrial Average fell 274.30 points, or 0.71 percent, to 38,380.12. The S&P 500 sank 15.80 points, or 0.32 percent, to 4,942.81. The Nasdaq Composite Index shed 31.28 points, or 0.20 percent, to 15,597.68.
Source: Xinhua

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Naveen Jindal Welcomes 12% Safeguard Duty on Steel Imports as a Milestone for Aatmanirbhar Bharat

New Delhi [India], April 22: In a decisive move to shield its domestic steel industry from a surge of low-priced imports, the Indian government has imposed a 12% safeguard duty on certain flat steel products for 200 days, effective April 21, 2025. This temporary measure aims to curb the influx of cheap steel imports, primarily from China, South Korea, and Japan, which accounted for 78% of India's finished steel imports in the fiscal year 2024-25.

Apr 22, 2025