Vuélvete ilimitado con Magzter GOLD
Obtenga acceso ilimitado a más de 9000 revistas, periódicos e historias Premium por solo
Intentar ORO - Gratis
Time to review pause
Financial Express Chennai
|August 07, 2025
After Trump's latest blow, the MPC has only 21 days to assess the tariff impact, and plan its future moves
-
The Monetary Policy Committee's (MPC) decision earlier on Wednesday to leave interest rates unchanged was just what the doctor ordered—until US President Donald Trump served another bitter pill late in the evening in the form of an additional 25% tariff for purchasing Russian oil. Trump had issued the threat on Tuesday, but no one could even imagine that the blow would be so severe. According to news agency Reuters' estimate, even with the originally proposed 25% tariff and an additional 10% penalty, India could risk losing its competitive edge in nearly $64 billion worth of exports to the US. The new levy will be added on top of any existing tariffs unless otherwise exempted under specific clauses, such as those relating to national security or the Harmonized Tariff Schedule.
Esta historia es de la edición August 07, 2025 de Financial Express Chennai.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE Financial Express Chennai
Financial Express Chennai
Clear dues for barrier-free tolling system: MORTH
IN A RUN-UP to a barrier-free tolling system, the government has amended rules to make it mandatory for vehicle owners to clear all toll plaza dues before selling their vehicle or obtaining a fitness certificate.
1 min
January 21, 2026
Financial Express Chennai
Markets log worst day in 8 months on weak earnings
INVESTOR WEALTH ERODES ALMOST ₹10 LAKH CRORE
1 min
January 21, 2026
Financial Express Chennai
On cusp of historic India deal: Ursula
GIVES US FIRST MOVERADVANTAGEWITH FASTEST GROWING ECONOMY: VON DER LEYEN
1 mins
January 21, 2026
Financial Express Chennai
Lavrov lauds ties with India, China
RUSSIAN FOREIGN MINISTER Sergey Lavrov on Tuesday lauded Moscow’s bilateral ties with Delhi and Beijing and called for reactivating the Russia-India-China (RIC) trialogue, asserting that multipolarity is “here to stay”.
1 min
January 21, 2026
Financial Express Chennai
Rethink amid fragmented supply chains
The prevailing ad-hoc tariff-centric responses to geopolitical volatility are insufficient to guarantee sustained economic security and domestic resilience
3 mins
January 21, 2026
Financial Express Chennai
New steel scrap policy in the works
THE GOVERNMENT IS finalising a national steel scrap recycling policy, replacing the existing 2019 guidelines, to align it with changing dynamics of the industry arising out of domestic compulsions and commitments, and emerging international developments.
1 min
January 21, 2026
Financial Express Chennai
PNB sees NIM recovering from Sept qtr
PUNJAB NATIONAL BANK (PNB) expects to sustain quarterly net profit of above ₹5,000 crore despite near-term pressure on margins and higher credit costs, Executive Director Bibhu Prasad Mahapatra told FE in an interview.
2 mins
January 21, 2026
Financial Express Chennai
Recalibrating market vigour
DERIVATIVES BOOM HAS SHOWN INDIA'S MARKET POTENTIAL, THE REFORMS AHEAD WILL DEFINE ITS PURPOSE
4 mins
January 21, 2026
Financial Express Chennai
Embassy enters Mumbai realty mkt
LUXURY FORAY
2 mins
January 21, 2026
Financial Express Chennai
NHAI looks to prepay ₹35,000-cr debt this fiscal
THE NATIONAL HIGHWAYS Authority of India (NHAI) is planning to retire more than ₹35,000-crore debt before maturity in the current financial year, a plan which will bring down its outstanding liabilities below ₹2 lakh crore.
1 min
January 21, 2026
Listen
Translate
Change font size