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TREND | 24 Jun 2025

India imposes anti-dumping duty on four Chinese chemicals this month

Business Standard

India has imposed anti-dumping duty on four Chinese chemicals so far this month to guard domestic players from unfairly priced imports from the neighbouring country. These duties were imposed on -- PEDA (used in herbicide); Acetonitrile (used in pharma sector); Vitamin -A Palmitate; and and Insoluble Sulphur. In separate notifications, the Central Board of Indirect Taxes and Customs, Department of Revenue, said that the duty imposed will be levied for a period of five years on imports of these chemicals. The duties were imposed following recommendations for the same from the Directorate General of Trade Remedies (DGTR), an arm of the commerce ministry. While on PEDA, the duty will range from USD 1,305.6 to USD 2017.9 per tonne, a duty of up to USD 481 per tonne has been imposed on Acetonitrile imported from China, Russia and Taiwan. Similarly, the government has imposed a duty of up to USD 20.87 per Kg duty on Vitamin -A Palmitate imported from China, European Union and Switzerla

Axis Direct released a Daily Note report for World Economy and Markets on 26 Jun, 2025.

World Economy and Markets

TREND | 24 Jun 2025

Asian shares rally after Trump announces ceasefire between Israel, Iran

Business Standard

Stocks rallied Tuesday after US President Donald Trump announced a ceasefire in the Israel-Iran conflict, although the situation remained unclear as attacks continued. Trump said Israel and Iran had agreed to a complete and total ceasefire soon after Iran launched limited missile attacks Monday on a US military base in Qatar, retaliating for the American bombing of its nuclear sites over the weekend. Uncertainty remained, with Israel not immediately confirming any ceasefire. It was unclear what the missile launches would do for the ceasefire's timeline. Trump's announcement on Truth Social said the ceasefire wouldn't begin until about midnight Tuesday, Eastern time. He said it would bring an Official END to the war. US futures advanced, as contracts for the S&P 500 and the Dow Jones Industrial Average gained 0.5%. In Asia, Tokyo's Nikkei 225 rose 1% to 38,756.00 and the Hang Seng in Hong Kong gained 1.7% to 24,078.94. The Shanghai Composite index climbed 0.9% to 3,411.92. In Sou

Axis Direct released a Daily Note report for World Economy and Markets on 26 Jun, 2025.

US lifts 'shelter in place' warning for Americans in Qatar after ceasefire

Business Standard | 24 Jun 2025

World Economy and Markets

TREND | 24 Jun 2025

FIFA Club World Cup 2025: Full list of teams qualified for last 16

Business Standard

This year's expanded format has brought even more excitement to the Club World Cup, with elite teams from Europe and South America joined by rising powers from North America and beyond.

Axis Direct released a Daily Note report for World Economy and Markets on 26 Jun, 2025.

World Economy and Markets

TREND | 24 Jun 2025

Asian shares rally, oil prices tumble as Trump announces Iran-Israel ceasefire

Economic Times

Global shares surged and the dollar weakened following reports of a ceasefire agreement between Iran and Israel, brokered by U.S. President Trump. Oil prices plummeted as concerns over supply disruptions eased, boosting risk assets. The yen and euro gained due to their reliance on oil imports, while U.S. Treasury yields rose slightly amid shifting expectations for Federal Reserve rate cuts.

Axis Direct released a Daily Note report for World Economy and Markets on 26 Jun, 2025.

World Economy and Markets

TREND | 24 Jun 2025

Daily Fundamental View:24 June 2025

World Economy and Markets

Axis Direct

Asian Markets are trading positively after Trump said Israel and Iran agreed to a ceasefire. Nikkei, Hang Seng, and Shanghai are up by 1.33%, 1.66%, and 0.91%, respectively.

Axis Direct released a Daily Note report for World Economy and Markets on 26 Jun, 2025.

World Economy and Markets

TREND | 23 Jun 2025

Nato chief warns Russia of 'devastating' response to any aggression

Business Standard

Nato Secretary-General Mark Rutte warns Russia against attacking any ally, calls Moscow the biggest threat, and unveils historic defence spending plans ahead of the 2025 summit

Axis Direct released a Daily Note report for World Economy and Markets on 26 Jun, 2025.

Putin meets Iranian Foreign Minister in Moscow, condemns US strikes

Business Standard | 23 Jun 2025 9 more

World Economy and Markets

TREND | 23 Jun 2025

US Stock Market Today: Muted Start For Wall Street Amid Rising Middle East Tensions

NDTV Profit

Wall Street: Stocks like Delta Airlines, Airbnb, Starbucks and Marriott International were down as the trading commenced.

Axis Direct released a Daily Note report for World Economy and Markets on 26 Jun, 2025.

World Economy and Markets

TREND | 23 Jun 2025

RVNL battles rail funding cuts with small nuclear reactors and overseas ventures

Business Line

RVNL is now pivoting boldly to uncharted territories - teaming up with Russia's Rosatom and other companies to build small nuclear reactors for mega railway projects

Axis Direct released a Daily Note report for World Economy and Markets on 26 Jun, 2025.

World Economy and Markets

TREND | 23 Jun 2025

Putin calls Israel a 'Russian-speaking country', explains stance on Iran

Business Standard

President Vladimir Putin says Russia's neutrality in the Iran-Israel conflict is shaped by deep ties with both nations, citing Israel's large Russian diaspora and Muslim population at home

Axis Direct released a Daily Note report for World Economy and Markets on 26 Jun, 2025.

World Economy and Markets

TREND | 23 Jun 2025

Asian shares slip, oil rises as investors weigh Iran scenarios

Economic Times

Asian shares experienced a slight dip, while oil prices briefly surged following U.S. attacks on Iranian nuclear sites, sparking concerns about potential retaliation and its impact on global inflation and economic activity. Investors are closely monitoring the situation, particularly the Strait of Hormuz, a critical chokepoint for oil and gas supplies.

Axis Direct released a Daily Note report for World Economy and Markets on 26 Jun, 2025.