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Bloomberg Quint

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Chinese Exports Swell Ahead Of US Tariffs That Will Snarl Trade

  • China's exports rebounded in March, surpassing forecasts and soaring 12.4% from a year earlier.
  • Imports shrank 4.3%, leaving a trade surplus of $103 billion last month.
  • The export surge contributed to the economy in the first quarter, but may diminish as the US imposed tariffs.
  • The US tariffs on Chinese goods hit 145% before exempting certain consumer electronics.

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Bloomberg Quint

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Goldman Cuts Targets On China Stocks For Second Time This Month

  • Strategists at Goldman Sachs Group Inc. have cut their targets for key Chinese stock indexes for a second time this month, citing heightened trade tensions with the US.
  • The 12-month target for the MSCI China Index was reduced to 75 from 81, while that for the CSI 300 Index was lowered to 4,300 from 4,500.
  • Chinese stocks have been affected by the escalating trade war between the two largest economies in the world, with concerns over a further escalation of trade tensions continuing to weigh on investor sentiment.
  • Goldman Sachs strategists favor A shares over H tactically, and have upgraded banks and developers to overweight, expecting decisive and forceful policy changes to soften the trade shock.

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Bloomberg Quint

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Motorola Edge 60 Stylus: India Launch Date, Specifications, Expected Price And More

  • Motorola Edge 60 Stylus is set to be introduced in India this week, featuring a Snapdragon 7s Gen 2 chipset, built-in stylus support, and a 50-megapixel primary rear camera.
  • The smartphone will launch on April 15, available on Flipkart, Motorola's official India website, and select offline retail outlets.
  • The device features a 6.7-inch 1.5K pOLED display, 256GB of internal storage with 8GB RAM, and an IP68 rating for dust and water resistance.
  • The expected price for the Motorola Edge 60 Stylus is around Rs 22,999 for the 8GB + 256GB variant.

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Bloomberg Quint

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Trump Warns Tariffs Coming For Electronics After Reprieve

  • President Donald Trump plans to apply tariffs on phones, computers, and consumer electronics as part of his trade objectives, despite a temporary exemption for some products.
  • Exempted electronics will eventually face a different tariff; details on semiconductor tariffs expected to be announced soon.
  • Trump expressed willingness to discuss tariffs with companies and hinted at a special focus-type tariff on semiconductors.
  • The exemptions granted provide a window for companies to seek exclusions and influence parameters.
  • The pause in tariffs was welcomed by manufacturers, especially those relying on Chinese manufacturing.
  • Chinese Ministry of Commerce urged the US to resolve differences through mutual respect in tariff matters.
  • The White House is planning sector-specific tariffs for products like steel, autos, and semiconductors, aiming for reshoring and reducing reliance on China.
  • Details on semiconductor tariffs expected in a month or two, likely through a Section 232 investigation.
  • Trump administration shifting from country tariffs to sector-specific tariffs to reshape trade landscape.
  • Separate Trump levy on China remains unaffected; tariffs applied to pressure China on controlling fentanyl shipments.

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Bloomberg Quint

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UP Board Result 2025 Releasing Tomorrow? UPMSP Provides This Big Update

  • The Uttar Pradesh Madhyamik Shiksha Parishad (UPMSP) has officially denied reports claiming that the UP Board Class 10 and Class 12 results for 2025 will be declared on Tuesday, April 15.
  • The board is expected to announce the Class 10 and Class 12 exam results after April 20. About 54 lakh students registered for both the 10th and 12th board exams combined. The UP board classes 10 and 12 exams were held from February 24 to March 12.
  • The results are expected to be shared on the UPMSP website, upmsp.edu.in. The board will also provide a direct link to access the results, once the official date is confirmed.
  • In 2024, UPMSP released the UP Board Result 2024 Class 10 on April 20 at 2 pm. The pass percentage in UPMSP's 10th result was 89.55%. Prachi Nigam topped the UP Board Class 10 Result 2024 with 98.50%.

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Medium

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The Secrets VCs Only Tell Each Other

  • Venture capitalists who tweet often may not be the best choice for funding, as they may prioritize self-promotion over offering valuable advice and support.
  • VC firms primarily focus on keeping their Limited Partners happy, which can sometimes lead to prioritizing management fees and fund performance over founders' needs.
  • The venture capital industry is currently oversaturated with too many firms and investors, leading to a potential shakeout of below-average players.
  • Despite the significant investment amounts, venture capitalists often conduct minimal due diligence before funding a startup.
  • The value-add provided by VCs to founders is often limited and sporadic, with high expectations set during the initial investment.
  • Founders should be cautious if VCs have large portfolios as it may limit the time and attention they can dedicate to each company.
  • Venture capital can attract individuals with self-serving motives, and founders need to perform due diligence on their potential investors.
  • The traditional 2% management fee and 20% profit-sharing model in VC is likely to face downward fee pressure in the future.
  • Hiring ex-FAANG VC partners may not always add significant value for early-stage founders due to their non-technical roles and bureaucratic experience.
  • Founders should have a clear funding roadmap in mind based on industry benchmarks and milestones to navigate fundraising effectively.
  • Watching the share price, not just the valuation, is crucial for founders and investors to gauge the actual returns on their investment.

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Bloomberg Quint

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Retirement Planning: Seven Factors To Consider Before You Start

  • The earlier you start, the more time your money gets to grow through the power of compounding. Initiating savings at a young age provides a long investment horizon for potentially significant returns.
  • Estimate your retirement corpus by aiming for 20-25 times your annual expenses at the time of retirement, accounting for inflation, lifestyle choices, dependents, and emergencies.
  • Inflation and healthcare costs should be considered when planning for retirement, as they can erode purchasing power over time.
  • Diversify your investment portfolio by including a mix of equity, debt, and government-backed schemes to ensure both growth and stability.

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Taking A Home Loan? Here's How to Make The Right Choice

  • Taking a home loan is a practical solution to buy a dream home if you don't have the entire amount upfront.
  • Key factors to keep in mind while selecting a home loan include assessing your financial health, comparing lenders and loan offers, checking your credit score, factoring in additional costs, and understanding interest rates and repayment tenure.
  • Evaluate your monthly income, ongoing expenses, and existing debts to determine what you can afford and for lenders to review your application.
  • Consider improving your credit score before applying for a loan, as it plays a crucial role in loan eligibility and terms received.

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Bloomberg Quint

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Oil Steadies With Trade War Shifts And Iran Talks To The Fore

  • Oil steadied above a four-year low as traders weighed the latest US moves in the trade war, as well as “constructive” weekend discussions between Washington and Tehran.
  • Global benchmark Brent traded near $65 a barrel following back-to-back weekly losses, while West Texas Intermediate was above $61.
  • Easing tensions with Iran may offer prospects of improved supply as weekend talks in Oman marked the first top-level engagement since 2022, signaling a renewed effort to resolve a standoff over Tehran’s nuclear program.
  • Crude has been driven sharply lower in April due to the trade war and fears of a global recession. OPEC+ decision to bring back shuttered output has added to the bearishness.

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Bloomberg Quint

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Is Stock Market Open Or Closed Today On Ambedkar Jayanti 2025?

  • Bombay Stock Exchange and National Stock Exchange will remain closed on Monday, April 14, on the occasion of Ambedkar Jayanti – the birth anniversary of Dr BR Ambedkar.
  • Both the National Stock Exchange (NSE) and the BSE will remain closed today for trading and settlement in stocks, derivatives, and securities lending and borrowing (SLB) segments.
  • This year marks the 134th birth anniversary of Dr Ambedkar – the chief architect of India’s constitution.
  • Ambedkar Jayanti will be the second weekday market holiday in April. Trading will also remain suspended on April 18 to mark Good Friday. Indian stock markets remain closed on all Saturdays and Sundays of the month unless specified otherwise.

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Bloomberg Quint

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Mazagon Dock Shipbuilders Aims To Execute Orders Worth Rs 10,000 Crore In FY26

  • Mazagon Dock Shipbuilders is targeting execution of orders worth Rs 10,000 crore in the current financial year.
  • The company has a mixed bag of orders in both the commercial and defence sectors.
  • Mazagon Dock Shipbuilders aims to scale up its presence in the non-defence sector.
  • The company plans to invest around Rs 5,000 crore in developing two new greenfield facilities.

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Bloomberg Quint

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Five Things You Shouldn't Miss While Writing A Will

  • Writing a will is crucial to ensure your loved ones receive your intended assets.
  • Consider important factors like listing all assets, specifying beneficiaries, and selecting witnesses.
  • Begin the will with a declaration and provide details of all owned assets.
  • Include information about the chosen executor and select trustworthy witnesses.

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Bloomberg Quint

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Preparing To File ITR? Avoid These Five Common Mistakes For Accurate Tax Reporting

  • Filing ITR can be a complicated process, particularly for first timers or those with multiple income sources.
  • To avoid common mistakes, taxpayers should confirm their personal details, report all income sources, ensure correct tax deductions, calculate tax accurately, and review Form 26AS.
  • Confirming personal details such as name, PAN, address, and bank account details is essential to prevent rejection or delays in the ITR filing process.
  • Taxpayers should also make use of available deductions, select the appropriate tax regime, and review Form 26AS for accurate tax reporting.

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Income Tax: Preparing To File ITR First Time? Key Things To Keep In Mind

  • Taxpayers, including salaried individuals, can begin filing their income tax returns for the previous financial year as the new assessment year 2025–2026 begins.
  • Here are 10 things first-time taxpayers should consider before submitting their ITR: 1. Select the correct ITR Form based on your financial status and source of income. 2. Choose the relevant tax slab and regime. 3. Report all sources of income. 4. Collect all income-related documents. 5. Verify personal information and link PAN with Aadhaar. 6. Understand available deductions and exemptions. 7. Fill up the form correctly with the required details. 8. Keep track of ITR filing dates. 9. Pay attention to enhanced I-T examining. 10. E-verify the ITR within 30 days of filing.
  • The ITR filing process can be completed online through the Income Tax Department's official portal.
  • It is important to adhere to the tax laws and have a clear understanding of the filing procedure to ensure a smooth filing experience.

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Paying Minimum Amount Due On Credit Card? Here's Why You Should Avoid It

  • By choosing to pay just the minimal amount due on a credit card, you are delaying the remaining balance which incurs high interest rates from credit card firms.
  • Paying only the minimum amount due extends the time to pay off the debt and can lead to a financial trap.
  • Accumulating debt without repayment can have a cascading effect and make it harder to recover financially.
  • Paying only the minimum amount due can adversely affect the credit usage ratio, credit score, and may signal risky financial behavior.

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