Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Mkt tumbles as US tariff offsets RBI rate pause
The New Indian Express Tiruchy
|August 07, 2025
DOMESTIC equity market closed slightly lower on Wednesday as investors grew cautious following US President Donald Trump's threat on Tuesday to substantially raise tariffs on Indian goods within 24 hours.
This was in response to India's continued imports of Russian oil. Trump acted on his word and on Wednesday signed an executive order imposing an additional 25% tariff on India, raising the total tariff on Indian goods imported by the U.S. to 50%.
Experts believe this tariff increase will negatively impact India's outbound trade to the U.S., which is valued at nearly $100 billion. The move is also expected to affect the earnings of many companies that derive a significant portion of their revenue from exports to the US.
Sunny Agrawal, head of fundamental research at SBI Securities, told TNIE the market may open flat or slightly lower on Thursday with a negative bias.
This story is from the August 07, 2025 edition of The New Indian Express Tiruchy.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The New Indian Express Tiruchy
The New Indian Express Tiruchy
Eidgah, Imambara on ‘govt land’ bulldozed in Sambhal
AUTHORITIES used bulldozers to raze an Eidgah and an Imambara in the Sambhal area of Uttar Pradesh on Thursday morning.
1 mins
April 17, 2026
The New Indian Express Tiruchy
Russian strikes kill at least 19 across Ukraine
A massive Russian drone and missile barrage killed at least 19 people in cities across Ukraine, more than four years into the war with talks on ending the conflict stalled.
1 mins
April 17, 2026
The New Indian Express Tiruchy
RaGa to campaign for Cong in TN tomorrow
CONGRESS leader Rahul Gandhi will campaign in Tamil Nadu for Assembly election in three public meetings on Saturday.
1 min
April 17, 2026
The New Indian Express Tiruchy
NEW FORMULAS FOR FAIR FEDERALISM
ARTICLE 81 of the Constitution states that seats should be distributed among and within states on the basis of population in such a way that the “the ratio between the number (of seats) and the population of the state is, so far as practicable, the same for all states”.
3 mins
April 17, 2026
The New Indian Express Tiruchy
WHERE LOOMS NEVER STOP AND STRUGGLES NEVER END
Weavers’ woes in focus as AIADMK eyes fourth consecutive win in Kumarapalayam
3 mins
April 17, 2026
The New Indian Express Tiruchy
Quinton hundred only silver lining for MI
QUINTON de Kock’s fine hundred went in vain as Prabhsimran Singh and Shreyas Iyer blasted blistering fifties to steer Punjab Kings to a seven-wicket win over Mumbai Indians in their IPL match here on Thursday.
1 min
April 17, 2026
The New Indian Express Tiruchy
EPS accuses CM of double standards, questions need for black flag protest
AIADMK general secretary Edappadi K Palaniswami on Thursday accused Chief Minister M K Stalin of adopting “double standards” on the delimitation issue and questioned the DMK’s black flag protests against the Centre.
1 min
April 17, 2026
The New Indian Express Tiruchy
Why mobile phone prices are going up
KNOW THE REASON
1 min
April 17, 2026
The New Indian Express Tiruchy
51 poll booths in Mannachanallur declared sensitive
FOLLOWING the suicide of a 25-year-old woman in the Mannachanallur constituency due to alleged abuse and assault by DMK members over the distribution of free gifts, the election department in Tiruchy has intensified monitoring and identified 51 polling booths in the constituency as sensitive.
1 min
April 17, 2026
The New Indian Express Tiruchy
SA series chance for youngsters to make a mark, says captain Kaur
WHEN India women landed in Australia for the multi-format series earlier this year, they had 11 matches to prepare for the T20 World Cup in June.
1 mins
April 17, 2026
Listen
Translate
Change font size