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China considers Washington's offer for trade talks regarding Donald Trump's tariffs. The Commerce Ministry states Beijing is assessing the proposal. China demands the U.S. rectify its practices and remove tariffs. The U.S. expresses optimism for easing trade tensions. Scott Bessent hopes for de-escalation and a larger trade deal. Xi Jinping urges officials to adapt to international changes.
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Union Minister Piyush Goyal and EU Commissioner Maros Sefcovic met in Brussels, reaffirming their commitment to finalize the India-EU Free Trade Agreement by the end of 2025. The discussions focused on enhancing market access, strengthening supply chains, and ensuring mutual benefits for sustainable development. Both sides emphasized the importance of a fair agreement to boost innovation and support future investments.
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Marico and IOB are among 37 companies set to announce Q4 earnings on Wednesday. Analysts anticipate Marico's revenue to rise by 17% YoY, driven by price hikes and international growth. However, margin pressure is expected to limit profit growth to a marginal 3% YoY, with EBITDA estimated to increase by 4% YoY.
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