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- U.S. First: Trump Wants Tech Jobs Kept at Home
U.S. First: Trump Wants Tech Jobs Kept at Home
Also, discover Stealth Wealth - the quiet habits of the truly rich.

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Welcome Back Investor!
India’s ₹23,000 crore Electronic Component Manufacturing Scheme, launched May 1, has drawn strong interest from big players like Foxconn, Tata Electronics, and Dixon Technologies. With a surge in applications, officials say the scheme’s July deadline is likely to be extended to accommodate more applicants - signaling renewed government support for domestic semiconductor growth and strategic supply-chain localization.
Let’s dive in!
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Today’s Market Menu
▪️ Impact News
▪️ Markets
▪️ Everything else you need to know today
▪️ Special
▪️ Mindset
▪️ Stock Screener to up your game
IMPACT NEWS
🇺🇸 "Those Days Are Over": Trump Slams Tech Offshoring to India Amid New U.S. AI Push

President Donald Trump has reignited a long-standing debate on U.S. tech jobs, stating:
“Those days are over” - in response to American firms outsourcing jobs, especially in AI and tech, to India.
This comes as the U.S. unveils its AI Action Plan, emphasizing domestic job creation, reshoring talent, and reducing foreign dependency in critical tech sectors. While this might be politically popular, it raises questions for the global tech economy.
🔍 The Implication for India:
India has long been the back-office and engineering powerhouse for U.S. tech giants. But the narrative is shifting from cost arbitrage to geopolitical caution.
For Indian IT, this is a moment to evolve from backend execution to product innovation, IP creation, and AI-first solutions.
🌏 The Global Message:
Talent may be everywhere, but geopolitics is reshaping where companies want it.
If AI is the new oil, then nations are fighting for the rigs.
MARKETS
Indian markets closed in the red today, with the Sensex falling 542 points (-0.66%) to end at 82,184 and the Nifty 50 slipping 158 points (-0.63%) to settle at 25,062. It wasn’t just large caps - Nifty Midcap 100 lost 346 points (-0.58%), while Nifty Bank dropped 144 points (-0.25%), showing weakness across the board. The dip hints at profit booking or investor caution ahead of earnings and key economic cues. Buckle up, traders - volatility could be in play.
Closing figures as on 24.07.25 (3.30pm IST)
🔻SENSEX | 82,184.17 | -0.66% |
🔻 NIFTY 50 | 25,062.10 | -0.63% |
🔻 NIFTY BANK | 57,066.05 | -0.25% |
🔻 NIFTY Midcap 100 | 58,960.70 | -0.58% |
🔻 NIFTY Smallcap 100 | 18,686.80 | -1.09% |

🔎 In Focus
Stock Performance:
Top Gainers
✅ Eternal +3.67% Soared after reporting 70% revenue growth YoY, led by Blinkit; despite a 90% net profit drop, investors cheered top-line momentum.
✅ Tata Motors +1.51% Gained on hopes of US-India trade deals that could ease export tariffs for Tata and JLR - boosting global growth prospects.
✅ Dr. Reddy’s Labs +1.45% Rose after posting solid Q1 results: net profit up 2% YoY and revenue up 11%, with bullish commentary on upcoming product launches.
✅ Grasim +0.99% Edged higher purely on technical strength and buying momentum no new fundamental triggers reported today.
Top Losers
🔻 Nestle India -5.32% Tanked after Q1 profit missed estimates, falling ~13% YoY due to input cost pressures (milk, coffee, cocoa). Margins squeezed hard—investors reacted sharply.
🔻 Trent -3.83% Dropped after Goldman Sachs downgraded the stock to 'Neutral' and cut its target price, triggering profit-booking after a strong recent rally.
🔻 Shriram Finance -3.13% Fell amid broader market weakness and pre-earnings jitters, with no stock-specific news but rising caution in the NBFC space.
🔻 Tech Mahindra -3.10% Continued its decline as weak global IT demand, poor near-term visibility, and bearish sentiment weighed on the stock.
Q4 RESULTS
Company | YoY | QoQ |
---|---|---|
👍🏻 | 👍🏻 | |
👍🏻 | 👎🏻 | |
👍🏻 | 👍🏻 | |
👍🏻 | 👎🏻 | |
👍🏻 | 👍🏻 | |
👎🏻 | 👍🏻 |
Click on company name for result pdf
INDIA FRONTIER
Everything else you need to know today

🔌 IEX rattled as CERC greenlights market coupling: Indian Energy Exchange stock plummeted nearly 28% after the Central Electricity Regulatory Commission approved power-market coupling for the Day-Ahead Market - slated to kick in by January 2026. The move aims to unify price discovery across regional exchanges, but rattled investors fear IEX’s dominant edge and future revenue could take a hit.
🚗 Maruti’s Fronx zooms past 1 lakh export milestone: Maruti Suzuki’s Fronx has shattered records, becoming the fastest Indian SUV to reach 100,000 exports in just 25 months. Shipped across 80-plus countries - from Latin America to Japan - it underscores “Make in India” prowess and hints at more global domination ahead.
🇮🇳🇬🇧 India-UK FTA slashes duties, supercharges trade: During PM Modi’s two-day UK visit, India agreed to slash average tariffs on British imports from 15% to just 3% under the new FTA. The sweeping cuts ranging from cars and meds to Scotch whisky - promise cheaper consumer goods and bolster trade links, setting the stage for an economic boost on both sides of the Channel.
💰 ED swoops on Anil Ambani’s empire: In a dramatic crackdown, India’s Enforcement Directorate raided 35 sites tied to Anil Ambani’s Reliance Group, probing alleged laundering and a ₹3,000 crore loan diversion from YES Bank between 2017–2019. With accusations of shell-company schemes and bribes, the stakes couldn’t be higher as the probe intensifies.
SPECIAL
💣 India-Russia Arms Trade: Sanctions, Strategy & Sovereignty

A recent Reuters report reveals that an Indian firm shipped explosives to Russia, bypassing U.S. warnings - a move that deepens the India-Russia defense bond but invites scrutiny from the West.
While the U.S. has urged countries to scale back military exports to Moscow post-Ukraine, India continues to walk a fine line - prioritizing strategic autonomy and long-standing defense ties over short-term pressure.
🇮🇳 India’s stance isn’t defiance - it’s diplomacy wrapped in realism.
🛡️ What’s at Stake?
Maintaining access to affordable Russian military gear
Protecting India’s own border readiness
Managing energy and geopolitical dependencies
But the larger story is this: As global alliances shift, nations are choosing sovereign interest over global appeasement.
For businesses, especially those in defense, logistics, and energy, this means navigating an increasingly fragmented world order - where bilateral ties matter more than global consensus.
THE HANOOMAAN INSTITUTE
🔒 Stealth Wealth: The Quiet Habits of the Truly Wealthy

Wealth isn’t always loud.
In fact, the wealthiest people often live like they aren't.
This isn’t about hiding money - it’s about mastering it.
🧠 10 habits people building stealth wealth practice quietly:
1. Live below their means - not because they’re frugal, but because they’re focused.
2. Avoid lifestyle inflation - raises don’t mean Rolexes.
3. Invest automatically - consistently and without drama.
4. Own assets, not liabilities - less bling, more balance sheets.
5. Stay private - real power moves in silence.
6. Think long-term - they play the 10-year game, not the 10-minute one.
7. Learn constantly - reading, listening, evolving.
8. Stay debt-averse - unless it multiplies returns.
9. Choose community over comparison - wealth doesn’t chase validation.
10. Act purposefully - time, money, and energy are spent with intention.
💡 The richest people aren’t always the flashiest - they’re the most disciplined.
In a world obsessed with likes, stealth wealth is about peace of mind over public attention.
Want real wealth?
Start by mastering what no one sees.
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Thanks for reading.
Until tomorrow!
Hanoomaan India Business team
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