India, Feb. 4 -- Indian shares ended sharply higher on Tuesday after U.S. President Donald Trump delayed tariffs on Mexico and Canada for a month but gave China no such relief.
After a 10 percent tariff on Chinese products took effect, China announced new tariff measures and export controls to protect its interests.
China's tariff retaliation led to a 2 percent fall in oil prices in European trade, helping ease concerns over inflation and interest rates.
Mostly positive reactions to Budget 2025 and expectations of a rate cut by the Reserve Bank of India (RBI) also underpinned investor sentiment.
The RBI's Monetary Policy Committee (MPC) meeting is scheduled for February 5-7, with high expectations of a 25-basis point cut in the repo rat...