India, May 26 -- Indian shares advanced on Monday, mirroring firm cues from global markets after U.S. President Donald Trump said he would delay imposing 50 percent tariffs on imports from the EU until July 9, backing of this threat to impose tariffs on goods from the European Union as soon as 1 June.
Investor sentiment was also bolstered by domestic factors such as optimism over India's growth outlook and the Reserve Bank of India's announcement of a record dividend payout of Rs 2.69 lakh crore to the central government for the financial year 2024-25.
India has overtaken Japan to become the world's fourth-largest economy and is now poised to surpass Germany to claim the third position within the next 2.5 to 3 years, NITI Aayog CEO B.V.R....