Mkt tumbles as US tariff offsets RBI rate pause
The New Indian Express Bengaluru
|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.
Denne historien er fra August 07, 2025-utgaven av The New Indian Express Bengaluru.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA The New Indian Express Bengaluru
The New Indian Express Bengaluru
Kashmir’s higher reaches out of bounds for tourists
AMID heightened security concerns, authorities have imposed a two-month ban on trekking, hiking, camping, and outdoor activities in the highaltitude and forest areas of Margan Top, Chauhar Nag, and Sinthan Top in south Kashmir, days after similar restrictions were imposed in Tangmarg in north Kashmir.
1 mins
January 03, 2026
The New Indian Express Bengaluru
Army seeks Israeli rockets urgently
The force signs contract with local firm for buying Elbit rocket system under emergency clause
2 mins
January 03, 2026
The New Indian Express Bengaluru
Maduro open to US talks on drugs, silent on CIA strike
VENEZUELA is open to negotiating an agreement with the United States to combat drug trafficking, the South American country’s President Nicolás Maduro said in a pretaped interview aired Thursday on state television, but he declined to comment on a CIA-led strike last week at a Venezuelan docking area that the Trump administration believed was used by cartels.
1 min
January 03, 2026
The New Indian Express Bengaluru
Rural areas lead in SIR, cities prefer office work
AN urban-rural divide is being observed in the distribution and collection of enumeration forms, as part of the Special Intensive Revision (SIR) of electoral rolls being conducted in 12 states and UTs.
1 mins
January 03, 2026
The New Indian Express Bengaluru
India's largest baryte reserve halved, could be exhausted in a decade: Study
NDIA'S largest baryte deposit at Mangampet in Andhra Pradesh has seen its reserves fall sharply from about 49 million tonne in 2015 to under 23 million tonne in 2024, recording a staggering depletion of more than half in less than 10 years.
3 mins
January 03, 2026
The New Indian Express Bengaluru
Seetha Payanam to hit theatres in February
CTOR Arjun’s directorial, titled Seetha Payanam, finally has a release date.
1 min
January 03, 2026
The New Indian Express Bengaluru
THE MANY NEW YEARS OF INDIA
N the last day of 2025, I found myself at a popular south Indian vegetarian eatery in New Delhi.
4 mins
January 03, 2026
The New Indian Express Bengaluru
'LITERATURE REMAINS DEEP & ENDURING RESERVOIR OF HUMAN EXPERIENCE'
THE third edition of the Ramnath Goenka Sahitya Samman was held on a solemn and celebratory note, reaffirming the enduring role of literature in shaping public thought and cultural discourse.
1 mins
January 03, 2026
The New Indian Express Bengaluru
Uma Bharti takes on BJP over MP deaths
Indore civic body chief transferred amid outrage
1 mins
January 03, 2026
The New Indian Express Bengaluru
V-P HAILS GOENKA'S POWER OF SILENCE
\"HE remains the consciencekeeper of Indian democracy,\" he said.
1 mins
January 03, 2026
Listen
Translate
Change font size