Mexico Tarrif On India :

Mexico is planning to impose up to 50% tariff on countries like India, China, South Korea, Vietnam, and Thailand who are not part of a free trade agreement.
For some products, the tax may be lower around 35%. Sectors like automobiles, textiles, steel, plastic, and footwear may face impact.

India exports $5.3 billion worth of goods to Mexico, out of which $1 billion comes from automobiles. Maruti Suzuki also exports cars to Mexico.

So in the coming days, India needs to discuss with Mexico to sort out a trade deal.

KPI Green Energy Stock Up :

KPI Green Energy announced that on December 17th, they will conduct a board meeting to discuss fund raising.
Recently, they also received a ₹480 crore order for solar and wind projects.

Due to these updates, the stock moved up 6% on fund-raising expectations.

PNB Housing Finance CEO Update :

PNB Housing Finance announced that Ajay Shukla will take charge as MD & CEO from December 18.
He has previously delivered excellent performance in the same industry.
He worked at Tata Capital Housing for 16 years and handled mortgage-related roles at ICICI Bank for 7 years.

So the stock reacted positively to this update.

Shakti Pumps Company Orders update :

Shakti Pumps received a ₹71 crore order from Madhya Pradesh Vikas Nigam and also got another ₹23 crore order from Jharkhand Renewable Energy.