Indian shares fell sharply in a broad-based sell-off on Friday amid persistent FII selling and U.S. President Donald Trump's latest tariff threats. Healthcare stocks suffered heavy losses as Trump announced tariffs of up to 100 percent on imports of branded and patented pharmaceutical products from October 1, 2025.With the tariff primarily targeting branded drugs, there was ambiguity over whether ...
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.