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Domestic market recovers from high US tariff shock

The Morning Standard

|

August 08, 2025

DOMESTIC equity markets staged a sharp rebound on Thursday after opening with significant losses.

- ARSHAD KHAN @New Delhi

The weekly expiry day started on a weak note, with the benchmark indices- BSE Sensex and NSE Nifty - witnessing a steep gap-down opening.

The downturn was driven by geopolitical tensions after U.S. President Donald Trump signed an executive order levying an additional 25% tariff on Indian goods, raising total US tariffs on India to 50%.

Sensex, which fell more than 700 points to hit an intraday low of 79,824.61, closed the session at 80,623.26, while the Nifty rebounded from a fall of 220.80 points to settle above the 24,500 level. The broader midcap index edged up by 0.3%, while the smallcap index closed on a muted note.

FLERE HISTORIER FRA The Morning Standard

The Morning Standard

India-UK FTA: MPEDA calls on seafood industry to seize opportunities

THE Marine Products Export Development Authority (MPEDA) has called on India's seafood industry to seize the new opportunities opened up by the India-UK Comprehensive Economic and Trade Agreement (CETA), particularly in value addition, skill development, and sustainable production.

time to read

1 min

October 22, 2025

The Morning Standard

Delhi Police pays homage to martyrs at Commemoration Day Parade

THE Delhi Police on Tuesday held a Commemoration Day Parade to pay homage to personnel who laid down their lives in the line of duty between September 1, 2024, and August 31, 2025.

time to read

1 min

October 22, 2025

The Morning Standard

Tata Trusts reappoints Venu Srinivasan for life

TATA Trusts, which owns and controls the $180-billion Tata empire, has ‘unanimously’ reappointed Venu Srinivasan, chairman emeritus of the TVS Group, as a trustee for life.

time to read

1 min

October 22, 2025

The Morning Standard

Vance says Gaza truce exceeds expectations

He met Netanyahu, visited a US-Israel cooperation center, and will meet hostages' families

time to read

2 mins

October 22, 2025

The Morning Standard

At least 30 rebels give NDA, Oppn a headache

REBEL and independent candidates may spin the poll arithmetic for both the ruling NDA and the Opposition Mahagathbandhan in the Bihar Assembly elections, scheduled in two phases on November 6 and 11.

time to read

1 min

October 22, 2025

The Morning Standard

Domestic markets kick off Samvat 2082 on positive note

DOMESTIC equity markets kicked off Samvat 2082 on a positive note after wrapping up Samvat 2081 with a modest gain.

time to read

1 mins

October 22, 2025

The Morning Standard

Stage set for first phase of polls, 1.3K in fray for 121 seats

IN all, 1,314 candidates are left in the fray for the first phase of the Bihar Assembly elections, scheduled on November 6.

time to read

1 mins

October 22, 2025

The Morning Standard

Relief as $1L H-1B fee does not apply to US visa holders

A month after US President Donald Trump’s proclamation jacking up the fee for H1-B visas to a steep $100,000 caused panic among international students and professionals, the US government has now clarified that the fee won't apply to current visa holders and recent international graduates.

time to read

1 min

October 22, 2025

The Morning Standard

The Morning Standard

HC to SIT: Probe criminal conspiracy in Sabarimala case

THE Kerala High Court on Tuesday directed the Special Investigation Team (SIT) to thoroughly investigate the aspect of criminal conspiracy in the Sabarimala gold scam, observing that the chain of events commencing in 2019 and the subsequent entrustment of the Dwarapalaka idols to Unnikrishnan Potti appeared to be part of a larger and well-orchestrated scheme.

time to read

1 mins

October 22, 2025

The Morning Standard

Sanae Takaichi elected Japan's first female PM

JAPAN's parliament elected ultraconservative Sanae Takaichi as the country's first female prime minister Tuesday, a day after her struggling party struck a coalition deal with a new partner expected to pull her governing bloc further to the right.

time to read

1 mins

October 22, 2025

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