Mexico’s 50% Tariff Surge Hits Indian Steel & Auto Exports

certain Indian exporters have warned that Mexico’s decision to increase import tariffs—up to 50% in certain cases—could have a significant effect on important exports, with steel, vehicles, and auto parts projected to suffer an even more severe hit. Mexico Tariff Pressures Rise This is due to the fact that in April 2024, Mexico slapped tariffs … Read more

India’s BESS Sector Set for Massive Growth: RIL, Waaree, Premier Lead

Reliance Industries (RIL), Waaree, and Premier Energies are leading the way as they are ready to commission large-scale capabilities, according to domestic brokerage Nuvama Institutional Equities (Nuvama), which sees a multidecade potential developing in India’s Battery Energy Storage Systems (BESS) sector. India’s BESS Boom Ahead With projected capacities of 100GWh, 20GWh, and 12GWh, respectively, these … Read more

Defense, Capital Goods, and Banking Lead India’s Wealth Creation 2020–25

In Motilal Oswal’s 30th Annual Wealth Creation Study (by Raamdeo Agrawal) for the 2020–25 period, the banking and finance industry continued to be the greatest overall contributor to wealth creation, while defense and capital goods businesses emerged as notable performers. According to the study, which was made public in Mumbai on December 11, the total … Read more