Fri Apr 04 04:50:00 UTC 2025: ## Cognizant Faces Activist Investor Again, Housing Market Slumps, and Trump’s Tariffs Shake Global Markets
**Mumbai, India** – The Economic Times reports on several key business and economic developments. Cognizant, an IT services company, is grappling with another activist investor, raising questions about its future strategy. Meanwhile, a decline in housing sales is dragging down real estate stocks, prompting investor concern.
On the global stage, Donald Trump’s embrace of protectionist trade policies continues to cause ripples. His imposition of reciprocal tariffs on several countries, including India and China, is provoking strong reactions and retaliatory measures from affected nations. Australia and Canada have already vowed countermeasures.
Other headlines include concerns about excessive working hours in the IT sector, analysis of slowing urban Indian growth possibly linked to “shrinkflation,” and stock market analysis focusing on PNB Housing Finance. The Indian Air Force also suffered a setback with the crash of a Jaguar fighter jet.
First Piper 