Trump increased tariff on steel and aluminum by 25%: impact on Indian exports worth ?39 thousand crores, soon you will be able to withdraw PF money from UPI-ATM

Yesterday’s big news was related to tariffs. US President Donald Trump’s upcoming tariff hike on steel and aluminum imports is likely to affect Indian metal exports worth $4.56 billion or Rs 39 thousand crores. The Global Trade Research Initiative (GTRI) has said this in a new analysis report. At the same time, the central government Employees Provident Fund Organization (EPFO) is preparing for a big change next month i.e. in June. According to media reports, as per the draft of EPFO 3.0, employees may soon get the facility to withdraw PF money directly from ATM and UPI. Before tomorrow’s big news, today’s headlines, which will be in focus… Now read tomorrow’s big news… 1. Trump increases tariff on steel and aluminium from 25% to 50%: Indian exports worth ?39 thousand crores in danger, market share in the US also at risk US President Donald Trump’s upcoming tariff hike on steel and aluminium imports is likely to impact Indian metal exports worth $4.56 billion i.e. Rs 39 thousand crores. The Global Trade Research Initiative (GTRI) has said this in its new analysis report. The high duties coming into effect from June 4 are expected to increase the product cost for Indian manufacturers and exporters in the US market, which may impact their competitiveness. Click here to read the full news… 2. Soon you will be able to withdraw PF money from UPI-ATM: New facility can be available from June, with this you will be able to withdraw money immediately at the time of need. The Central Government Employees Provident Fund Organization (EPFO) is preparing for a big change in the next month i.e. June. According to media reports, according to the draft of EPFO 3.0, employees can soon get the facility to withdraw PF money directly from ATM and UPI. Under EPFO 3.0, withdrawal cards will be provided to PF account holders. It will be completely like a bank ATM card. Only a fixed amount can be withdrawn under the new facility. This will ensure that the employee will be able to withdraw money for emergency, but even after retirement, sufficient amount will be ensured in the account. Click here to read the full news… 3. VI’s loss reduced by 6.6%, to ? 7166 crore: Revenue in the fourth quarter was ? 11,013 crore; The company got approval from the board to raise ? 20,000 crore Telecom company Vodafone Idea Limited has suffered a net loss (consolidated net loss) of Rs 7,166 crore in the fourth quarter of FY 2024-25. It has decreased by 6.63% on an annual basis. In the same quarter a year ago, the company had a loss of Rs 7,675 crore. The company’s revenue from operations in the January-March quarter was Rs 11,013 crore. In the same quarter a year ago, Vodafone Idea had generated a revenue of Rs 10,606 crore. It has increased by 3.83% on an annual basis. Click here to read the full news… 4. Itel Alpha 2 Pro Smartwatch Review: Good option for those who want premium features at a low price, will last up to 15 days on full charge Tech company Itel has launched the new smartwatch Itel Alpha 2 Pro in the Indian market. The company has launched it in place of Alpha Pro. The new smartwatch comes with IP68 waterproof rating and has an AMOLED display. The company claims that itel Alpha Pro 2 gives up to 15 days of battery backup after full charge. The price of the smartwatch has been kept at Rs 2,199. It is available in three color options – Midnight Blue, Copper Gold and Dark Chrome. Click here to read the full news… Also see who were the top 10 richest people in the world yesterday… The market was closed yesterday, so know the status of Friday’s stock market and gold-silver… Know the latest prices of petrol-diesel and gas cylinders…

Comments

No comments yet. Why don’t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *