India, Aug. 24 -- Indian shares are seen opening higher on Monday as traders react to Fed Chair Jerome Powell's dovish comments at the conference in Jackson Hole.
That said, volatility cannot be ruled out as the deadline for implementation of additional 25 percent U.S. tariff on Indian goods approaches.
The additional 25 percent tariffs due to the country's increased purchases of Russian oil is set to be implemented effective August 27.
There seems to be no hopes for tariff relief as the U.S. officials have already cancelled the scheduled visit to India during August 25-29. India has already been paying 25 percent tariffs since August 1.
Peace negotiations supposed to take place between Russia and Ukraine appeared to be stalled now and ...