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Trump’s tariff impact! US trade deficit falls 24% as imports plunged in August; government shutdown delayed data release – The Times of India

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Trump’s tariff impact! US trade deficit falls 24% as imports plunged in August; government shutdown delayed data release – The Times of India


The US trade deficit narrowed by about 24 per cent in August as sweeping tariffs imposed by President Donald Trump reduced imports, according to a delayed Commerce Department report released Wednesday. According to Associated Press, citing the report, the trade gap fell to $59.6 billion in August from $78.2 billion in July. Imports declined 5 per cent to $340.4 billion as businesses slowed purchases from abroad after stockpiling goods ahead of tariffs that took effect on August 7. Exports rose 0.1 per cent to $280.8 billion. Trump has upended decades of US free-trade policy by levying broad duties on most trading partners as well as on products such as steel, copper and automobiles. He argues that chronic trade deficits reflect foreign nations exploiting the US. Economists say tariffs are contributing to inflation by raising costs that importers largely pass to consumers. Despite August’s pullback, the trade deficit has widened in 2025, reaching $713.6 billion through August — up 25 per cent from $571.1 billion in the same period last year. A narrower trade gap typically supports economic growth because imports subtract from gross domestic product. “August’s smaller trade deficit will be a tailwind for third-quarter real GDP, since it means more US spending went to domestically-produced goods and services,” said Bill Adams, chief economist at Comerica Bank. The release was delayed due to the government shutdown. Public anger over living costs contributed to Democratic gains in the November 4 elections. Days later, Trump rolled back tariffs on items such as beef, coffee, tea, fruit juice, cocoa, spices, bananas, oranges, tomatoes and some fertilisers, acknowledging their effect on prices. The Supreme Court is weighing the legality of the tariffs. During a November 5 hearing, justices questioned whether a president can impose open-ended duties under emergency powers without approval from Congress.





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Dutch government suspends intervention into chipmaker Nexperia

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Dutch government suspends intervention into chipmaker Nexperia


The Dutch government has suspended its intervention at Nexperia, a Chinese-owned chipmaker based in the Netherlands, following talks with China.

The Hague took action in September over “serious governance shortcomings” and concerns over the European supply of semiconductors for cars and other electronic goods. In response, Beijing blocked exports of the firm’s chips.

However, on Wednesday the Dutch government said it would halt its original decision following “constructive talks” with Beijing.

China said it welcomed the move, adding it was a “first step in the right direction towards a proper resolution”.

Nexperia is a major supplier of basic computer chips to the car industry, and shortages have threatened global supply chains.

A shortage of computer chips used in various electronic goods and cars would hugely impact the ability of manufacturers to make their products.

The decision by the Dutch government will ease tensions between the European Union and China, which have been mounting in recent months over trade and Beijing’s relationship with Russia.

Vincent Karremans, economic affairs minister, said that he considered it right to suspend action, made under the Goods Availability Act, ahead of further talks with the Chinese government.

“We are positive about the measures already taken by the Chinese authorities to ensure the supply of chips to Europe and the rest of the world,” he said in a statement.

The Dutch government said it originally invoked the Act following concerns “from actions attributed to the now-suspended CEO, involving the improper transfer of product assets, funds, technology, and knowledge to a foreign entity”.

“These actions ran counter to the interests of the company, its shareholders, and Dutch and European strategic autonomy and security of supply,” it said.

In October, a Dutch court ordered the removal of ex-Nexperia CEO and Wingtech founder Zhang Xuezheng, citing alleged mismanagement.

The Dutch government added that its decision had aimed to prevent a situation in which chips could become unavailable in an emergency.

In December last year, the US government placed Wingtech, which owns Nexperia, on its so-called “entity list”, identifying the company as a national security concern.

Under the regulations, US companies are barred from exporting American-made goods to businesses on the list unless they have special approval.

In the UK, Nexperia was forced to sell its silicon chip plant in Newport after MPs and ministers expressed national security concerns. It currently owns a UK facility in Stockport.

Following the Dutch government’s reversal, the Beijing acknowledged the move but said it was “still a step away from addressing the root cause of the global semiconductor supply chain turmoil and chaos”.

“Furthermore, the erroneous ruling by the corporate court, spearheaded by the Dutch Ministry of Economic Affairs, to strip Wingtech of its control over Nexperia remains a key obstacle to resolving the issue,” it added.

Wingtech has said it will fight the decision.

Following the latest move, a spokesperson for Wingtch said the company “strongly” rejected the allegations against its chief executive.

“To date, no proof has been provided,” it added. “If the Dutch government is sincere about solving the problem, the Ministry should now file a letter with the Enterprise Chamber, explicitly withdrawing its support for the proceedings.

“These proceedings form a threat to the continuity of Nexperia B.V. and therefore for the economic security of the Netherlands and Europe – which is the exact same argument the Dutch government made previously in support of judicial intervention.”



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Why Do Most Indians Quit SIPs Within 3 Years? Analysts Explain The Real Reason

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Why Do Most Indians Quit SIPs Within 3 Years? Analysts Explain The Real Reason


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Nearly 9 out of 10 retail investors discontinue SIPs within 3 years, missing out on long-term wealth as experts urge discipline and patience for successful mutual fund investing

Finance and corporate banking provide a stable and lucrative career for CAT-qualified candidates. Professionals work in banks, financial institutions, and investment firms managing portfolios, corporate loans, and risk assessment. These roles require solid analytical and decision-making abilities.

Finance and corporate banking provide a stable and lucrative career for CAT-qualified candidates. Professionals work in banks, financial institutions, and investment firms managing portfolios, corporate loans, and risk assessment. These roles require solid analytical and decision-making abilities.

A striking pattern in India’s fast-expanding mutual fund landscape is worrying market observers. Even as systematic investment plans (SIPs) continue to attract record enrolments, industry data show that nearly 9 out of 10 retail investors discontinue their SIPs within the first three years, undermining long-term wealth creation.

Financial planners attribute this churn to a predictable cycle of emotion-driven decision-making. The initial year is marked by enthusiasm, with investors entering the market buoyed by optimism. By the second year, even a modest correction triggers anxiety, prompting many to pause or cancel their contributions. When markets rebound in the third year, these same investors return, often with a sense of missed opportunity. This loop of excitement, fear and regret, experts say, erodes the very advantage SIPs are designed to offer.

Wealth managers point out that the cost of such interruptions is far greater than most investors realise. Illustrating the impact, they explain that a monthly investment of Rs 5,000 over 20 years, earning an annualised return of 12%, can accumulate to roughly Rs 45 lakh. But halting contributions for just three years during that period could shave off nearly Rs 15 lakh from the final corpus, solely due to lost compounding.

Analysts stress that the principle of rupee-cost averaging works best during downturns, when investors accumulate more units at lower prices. Ironically, that is also when most investors choose to step back. Market strategists liken it to “switching off the engine just as the vehicle picks up speed”, arguing that the true strength of SIPs emerges when investors hold steady through volatility.

Industry experts emphasise that long-term investing hinges on discipline rather than attempts to outguess short-term market movements. Each missed instalment delays financial goals, and frequent breaks weaken the compounding effect that underpins SIP performance. Seasoned investors, they note, continue investing through market cycles, treating fluctuations as part of the normal rhythm of equity markets.

While volatility may feel unsettling, advisors reiterate that markets have historically rewarded patience. The consensus across the industry remains unchanged; wealth creation is a function of staying invested, not timing entry and exit.

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PM Kisan 22nd Instalment: When To Expect Next Rs 2,000 Payment; How To Check Your Name In The List

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PM Kisan 22nd Instalment: When To Expect Next Rs 2,000 Payment; How To Check Your Name In The List


New Delhi: Prime Minister Narendra Modi on Wednesday released the 21st installment of the PM Kisan Samman Nidhi scheme, putting Rs 18,000 crore directly into the bank accounts of over nine crore farmers. The scheme provides crucial financial support by offering Rs 2,000 every four months adding up to Rs 6,000 a year through Direct Benefit Transfer (DBT) to eligible farmers across the country.

The 19th instalment of the PM-Kisan Scheme was released on 24 February 2025, followed by the 20th instalment on 2 August 2025. The 22nd instalment is expected to be credited in the last quarter of 2025 or early 2026, though the exact date may change. Farmers are advised to regularly check the official PM-Kisan website for updated information on instalment schedules and any recalculations of release dates.

How to Check Your Name in the PM-Kisan Village Beneficiary List

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– Visit the official PM-Kisan portal.

– Go to the “Farmers Corner” section on the homepage.

– Click on the “Beneficiary List” option.

– Select your State, District, Block, and Village.

– Click on “Get Report” to view the complete list of beneficiaries from your village.

PM Kisan Scheme: How It Supports Farmers

Under the PM Kisan scheme, eligible farmers receive Rs 2,000 every four months, totalling Rs 6,000 a year. The amount is released in three installments: April–July, August–November, and December–March and is directly deposited into the beneficiaries’ bank accounts.

The scheme was first announced in the Interim Budget 2019 by then finance minister Piyush Goyal and later launched by Prime Minister Narendra Modi. Today, it stands as the world’s largest Direct Benefit Transfer (DBT) programme, offering crucial financial support to millions of farmers across the country.

PM Modi Launches New PM Kisan Installment and Opens Farming Summit

Prime Minister Narendra Modi also inaugurated the South India Natural Farming Summit in Coimbatore during the event. Earlier, in August, he released the 20th installment of the PM Kisan scheme, benefiting more than 9.8 crore farmers, including 2.4 crore women farmers. So far, across all previous installments, PM Modi has transferred over Rs 3.90 lakh crore directly into farmers’ bank accounts, offering vital financial support across the country.

How Farmers Can Check Their PM Kisan 21st Installment Status

With the 21st installment of PM Kisan now released, millions of farmers are eager to confirm whether the amount has been credited to their bank accounts. If you’re a beneficiary, here’s a simple and clear way to check your payment status:

How to Check PM Kisan 21st Installment Status (2025)

Just follow these easy steps on the official website, pmkisan.gov.in:

– Visit the official PM-Kisan portal: pmkisan.gov.in

– Go to the “Farmer’s Corner” section on the homepage.

– Click on the “Know Your Status” option.

– Enter your registration number and the security code shown on the screen.

– You’ll receive an OTP on your registered mobile number.

– Enter the OTP to view the status of your 21st installment.

How to Check the PM Kisan Beneficiary List for Your Village

If you want to see whether your name or others in your village are included in the PM Kisan beneficiary list, here’s a quick and simple way to check:

– Visit the official PM Kisan website: pmkisan.gov.in

– Go to the “Farmer’s Corner” section and select “Beneficiary List.”

– Choose your state, district, sub-district, block, and village from the dropdown menus.

– Click on “Get Report” to view the complete beneficiary list for your village.

Who Can Receive the PM Kisan 21st Installment?

All landholding farm families with cultivable land registered in their names are eligible to receive benefits under the PM Kisan scheme. However, certain categories of individuals are excluded based on the scheme’s rules.

What to Do If Your PM Kisan Status Shows as Pending

If your PM Kisan status appears as “pending,” it means some required details or verifications are still incomplete. To become eligible for the benefits, make sure to finish the pending formalities this may include linking your Aadhaar, completing PAN verification, or resolving any bank account issues. Once these steps are completed, your application can be processed successfully.



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