Tensions between Iran and the United States have taken a lighter turn online, with both sides using humour and memes to make their point. One such post has now caught people’s attention for the way it mocks a major political claim. The post takes aim at US President Donald Trump
Agriculture has long been one of the strongest foundations of economic and social progress. It supports food security, generates livelihoods, supplies raw materials to industries, and sustains rural economies. Even today, for millions of families
43-year-old laid off from Amazon shares how he got a new job in 90 daysA man's post about landing a job after getting laid off from Amazon has resonated with many. Published on: Apr 28, 2026 11:05 AM IST By Trisha Sengupta Share via Copy link A 43-year-old professional has gone viral after
Farhan Akhtar breaks silence on Don 3 row after Ranveer Singh’s exit: ‘Nothing can be taken for granted’Farhan Akhtar recently opened up about the Don 3 fallout with Ranveer Singh, recalling the pleasant experiences he has had while making films in his career. Apr 28, 2026
OpenAI has fallen short of its goals for new users and revenue in recent months, sparking concern among some company leaders over whether it can support its extensive data-center spending, the reported on Monday, citing people familiar with the matter
Rimjhim Sinha has been an activist since 2016, first as a student at Kolkata’s Presidency University and then as part of the vibrant women’s movement in the city. But, by her own estimate, her activism never reached more than “100 or 150 people”
A first information report has been registered against 13 persons, including students from Delhi University’s Hansraj College, for alleged violence and misconduct during an annual festival earlier this month, The Indian Express reported on Tuesday
The second phase of elections for 142 Assembly seats in West Bengal on April 29 will decide the electoral fate of more than half a dozen Ministers of West Bengal government along with Chief Minister and party chairperson Mamata Banerjee. While the Trinamool Congress chairperson is locked in a
Auto ancillary stocks rally up to 20% as India–US trade deal lifts export hopes
Auto ancillary stocks rally up to 20% as India–US trade deal lifts export hopes; GNA Axles tops gainer
India-US trade deal: GNA Axles, Delta Autocorp, Sterling Tools, Tube Investments of India, and Sibar Auto Parts were among the auto ancillary stocks trading with strong gains in Tuesday's trade, February 3, after the US announced a much-awaited trade deal.
US President Donald Trump on Monday announced a reduction in reciprocal tariffs on Indian goods to 18% from 25% after holding a conversation with Prime Minister Narendra Modi. The US president is also reportedly removing an additional punitive 25% duty that was applied in response to India's purchases of crude oil from Russia, removing a major overhang on the Indian stock market that had weighed on investor sentiment for several months.
The 18% tariff puts India at a competitive advantage, as Asia's other largest economies, including China, are facing higher tariffs of 37% imposed by the US.
The trade deal came after the US and India held multiple rounds of trade negotiations since March, with the most recent informal discussions taking place in New Delhi during the visit of a trade team headed by the Deputy US Trade Representative (USTR) in December.
The announcement by Trump also came at a time when India and the European Union concluded the long-awaited free trade agreement (FTA) in January.
The trade deal has lifted optimism across the Street, prompting investors to look past the unexpected announcements in the Union Budget 2027, which had sent the Nifty 50 to a four-month low.
Sectors that are heavily exposed to the US are witnessing a good amount of traction in today's session, with auto ancillaries being one of them, as the US accounts for 25–30% of their export revenues.
Among individual stocks, GNA Axles topped the list, surging 20% to ₹425, followed by Delta Autocorp, Sterling Tools, Balkrishna Industries, Bhagwati Autocast, Tube Investments of India, Sibar Auto Parts, NDR Auto Components, Sona BLW Precision, Steel Strips Wheels, Belrise Industries, and Rolex Rings, which are up between 4.5% and 11.5%.
Experts see stronger export viability, margin protection
Divam Sharma, co-founder and fund manager at Green Portfolio PMS, said the India–US trade deal has come out serendipitously, considering Trump's actions since taking charge, especially when markets were expecting otherwise.The Nifty Auto index opened 3% higher.
"The tariff cut is a positive development for India's auto sector, especially component makers, as the US accounts for roughly a quarter to a third of their export earnings. Lower duties reduce trade barriers and improve cost competitiveness, strengthening India's position in global OEM supply chains, while the impact on vehicle exporters remains modest due to their limited direct exposure," he further added.
Anil Rego, founder and fund manager at Right Horizons PMS, said, “In automobiles and auto ancillaries, the benefit is more visible for component manufacturers integrated into global supply chains. Lower trade barriers improve export viability to US OEMs, support long-term sourcing relationships, and help protect margins that were earlier compressed by tariff costs. Over time, this can strengthen India's positioning as a cost-efficient, reliable manufacturing base for global automotive supply chains.”
Earnings visibility improves for US-linked auto exporters, says Axis Direct
Domestic brokerage firm Axis Direct said auto ancillary companies are better positioned to capture a larger share of the benefits from the tariff reduction than vehicle manufacturers, given their higher export intensity, contractual supply arrangements, and minimal reliance on end-market pricing actions. In contrast, gains for OEMs are constrained by regulatory entry barriers and distribution economics.Overall, while tariffs remain above long-term averages, the brokerage said the downward revision materially eases profitability and earnings pressures, improves FY27–FY28 earnings visibility, and supports valuation comfort for US-linked automobile exporters, with the impact skewed decisively towards the auto ancillary segment.
Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Source: LiveMint
Related Posts: Reliance lobbied US with record spending ahead of Texas refinery investment Japanese tech firm GNA to offer secure public wi-fi Golden-haired tube-nosed bat species discovered in Mizoram Dad's fisherman life harder than Sterling and Disasi's - Maresca Sterling & Wilson Urges SEBI Action Delta, Jetstar among global airlines impacted by Airbus A320 glitch Delta State University student found dead on campus – What we know so far Delta jets have Delta, Jetstar Among Global Airlines Impacted After Airbus Requests Modifications To 6K Planes What Is US Delta Force
Union Minister on Tuesday arrived in to participate in the foundation stone laying ceremony of the AI Data Centre at Tarluvada in Anandapuram mandal.Minister and other Telugu Desam Party public representatives welcomed Union Minister Ashwini Vaishnaw at Visakhapatnam Airport
4 hours ago
As many as 20 crore Indians could face life-threatening heat conditions, warns a report from the Harvard University’s Salata Institute. New Delhi: India’s rising heat is no longer only a seasonal discomfort. A new study warns that it is becoming a major challenge for jobs
4 hours ago
‘Return of pirates’: Tehran slams US' seizure of vessels carrying Iranian oil in Indian OceanIran has reportedly extended an offer proposing easing its grip on the Strait of Hormuz if the US ends its blockade on the key trade waterway. Published on: Apr 28
4 hours ago
The man who authorities say tried to storm the White House Correspondents' Association dinner with guns and knives was on Monday (April 27, 2026) charged with the attempted assassination of President Donald Trump. He appeared in court to face charges in a chaotic encounter that resulted in shots
4 hours ago
Manabadi AP SSC 10th Results 2026 Date Time Live: The Board of Secondary Education, Andhra Pradesh (BSEAP) is likely to release the AP SSC Results 2026 shortly. As per media reports, the results are expected to be announced in the final week of April. In the previous year
4 hours ago
Gold rate today: After delivering strong returns over the past two years, gold may be entering a more uncertain phase, prompting ASK Private Wealth to dial down its bullish stance. ASK Private Wealth CIO Somnath Mukherjee has shifted his tactical view on gold from “overweight” to “neutral”
4 hours ago
Winning the elusive Golden Ticket hidden in a Wonka Bar is every chocolate aficionado’s dream. The iconic, fictional pass created by Roald Dahl in his book Charlie and the Chocolate Factory gave five children the opportunity to tour one of the world’s biggest candy-making factories
4 hours ago
The BJP has launched an aggressive and multi-pronged campaign for the 2026 West Bengal Assembly elections, combining large welfare promises, a strong law-and-order agenda, development pledges, and cultural identity politics to challenge the ruling TMC. Unveiling its “Sankalp Patra
4 hours ago
For many in the ballroom at the White House Correspondents' Association dinner on Saturday night, the scene was painfully familiar. Shots fired, confusion and panic, and a sense that the normal order of things had been violently interrupted. Erika Kirk, whose husband
4 hours ago
After keeping a relatively quiet public profile in recent days, Deepika Padukone stepped out in Mumbai on Tuesday, drawing attention for more than one reason. The actor was spotted at the airport alongside husband Ranveer Singh, marking her first appearance since the couple shared news of their
4 hours ago
Mukesh Chhabra slams troll culture, reacts to ‘too much’ negativity around Ramayana, Dhurandhar: 'I feel bad and scared'Casting director Mukesh Chhabra praised for his work on Dhurandhar and Ramayana discusses the negativity surrounding both films. Apr 28, 2026
4 hours ago
China has blocked Meta’s acquisition of AI startup Manus, the top economic planning body said Monday, after a regulatory review that reportedly also saw Beijing restrict two co-founders from leaving the country. Facebook owner Meta had agreed to acquire Manus
4 hours ago
“Still or sparkling?" For the longest, even the most discerning diners didn’t really know the difference. I actually believed sparkling water meant soda. To feel fancy, you order the latter and the waiter brings a glass that hits the back of your throat with a punchy, aggressive fizz
4 hours ago
As app-based domestic services expand and discussions around wages in the informal sector grow louder, the sharp divide between traditional domestic workers and those employed through online platforms is becoming increasingly visible. For many women working in neighbourhood homes
4 hours ago
Executions rose sharply in North Korea during the Covid-19 pandemic, according to a Seoul-based NGO. From January 2020 to the end of 2024, at least 153 people were executed or sentenced to death - a sharp increase from 44 people in the five years before the pandemic
4 hours ago
It was close — really close — but Cooper Flagg had the edge where it counted. The Dallas Mavericks forward is now the 2025/26 NBA Rookie of the Year, narrowly beating former Duke teammate Kon Knueppel of the Charlotte Hornets. The 2025-26 @Kia NBA Rookie of the Year is… Cooper Flagg! pic
4 hours ago
Vedanta Demerger: Mining major Vedanta is set to undergo its much-anticipated demerger, under which four of the Anil Agarwal-led group’s businesses will operate as separate listed entities. The company has fixed May 1 as the record date to determine shareholder eligibility
4 hours ago
Ranveer Singh and Farhan Akhtar have been hitting headlines following a controversy that erupted after the Dhurandhar star walked away from Farhan’s upcoming film ‘Don 3’. Amid this, Farhan has finally reacted to it, and revealed what he learned from the setback. In a recent interview
4 hours ago
Anxiety around fuel prices, including LPG, has been high since the West Asia conflict has continued to disrupt the energy markets. While both domestic and commercial LPG cylinders have witnessed at least one hike each since March, media reports are suggesting a fresh revision in LPG prices from May
4 hours ago
CBSE Class 12th Result 2026 Release Date, Time Live Updates: The Central Board of Secondary Education is expected to declare the CBSE Class 12 results 2026 soon. Considering the rapid announcement of the Class 10 results this year and the use of the on-screen marking system
4 hours ago
Motorola Edge 70 Pro is a practical and polished pitch for phones under ₹40,000This clearly isn’t an annual spec-sheet exercise, as Motorola has gotten the fundamentals thoughtfully right Published on: Apr 28, 2026 10:35 AM IST By Vishal Mathur Share via Copy link It goes without saying that
4 hours ago
From early morning jogs in parks to all-day wear in offices and cafés, athleisure in form of stretch leggings, moisture-wicking T-shirts and stain-resistant jackets is no longer limited to the gym. But a recent report by The Washington Post has drawn attention to the presence of PFAS
4 hours ago
West Bengal votes today in the final phase of assembly elections. The outcome will decide if the TMC keeps its southern dominance or the BJP secures a path to the state secretariat. This phase focuses on Kolkata, Howrah, and surrounding districts, crucial for both parties
4 hours ago
Aamir Khan, R Madhavan, Sharman Joshi, and Kareena Kapoor Khan’s 3 Idiots, released in 2009, remains one of the most loved and impactful films to date. Directed by Rajkumar Hirani, the coming-of-age drama struck a chord with audiences across generations for its refreshing take on the education
4 hours ago
Neurologist shares dos and don’ts after waking to optimise health, mood, energy: First 60 mins sets the tone for the dayHow we start our morning influences the rest of the day. Dr Kumar lists waking up habits to inculcate and avoid to improve our health and mood every day. Updated on: Apr 28
4 hours ago
‘Shashi Tharoor accepted that Congress was anti-women’: Kiren Rijiju reveals post-Parliament session conversationKiren Rijiju's remarks come days after Shashi Tharoor shared a picture, clarifying how he pointed out to the minister that no one can call him “mahila virodhi”
4 hours ago
The Indian Railway Catering and Tourism Corporation (IRCTC) proudly announces the launch of an extraordinary international rail-cum-road journey — the “Bharat-Bhutan Mystic Mountain Tour” aboard the state-of-the-art Bharat Gaurav Deluxe AC Tourist Train
4 hours ago
