Prøve GULL - Gratis
Mkt tumbles as US tariff offsets RBI rate pause
The New Indian Express Mysuru
|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 Mysuru.
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 Mysuru
The New Indian Express Mysuru
MARCH ACTIVE TECH JOB OPENINGS RISE 9%
ACTIVE tech job openings in India rose 9% month-on-month to 119,000 in March 2026, the highest in over three quarters, though still 19% lower than a year earlier, as per Xpheno.
1 min
March 07, 2026
The New Indian Express Mysuru
Making of Black Caps’ top gun Allen
A LITTLE before 10 PM on Wednesday night at Eden Gardens, Finn Allen was the centre of the cricketing universe.
2 mins
March 07, 2026
The New Indian Express Mysuru
Didi stages sit-in against deletions of 64 lakh voters
CM says will expose ‘BJP-EC conspiracy’ to disenfranchise electors
1 mins
March 07, 2026
The New Indian Express Mysuru
CRICKET CROSSES ITS BOUNDARIES
REVERSE SWING
4 mins
March 07, 2026
The New Indian Express Mysuru
KHELA BEGINS IN BENGAL WITH RAVI AS NEW GUV
HELA hobe,” West Bengal Chief Minister Mamata Banerjee had famously proclaimed in the run-up to the 2021 assembly polls, when she appeared to be on the ropes before romping home.
1 mins
March 07, 2026
The New Indian Express Mysuru
PM kicks off BJP campaign with Brigade rally on Mar 14
Focus on reach-out to women and youth segments
1 mins
March 07, 2026
The New Indian Express Mysuru
Forget about Iran, Trump can't even elect NY mayor: Minister
IRAN'S Deputy Foreign Minister Saeed Khatibzadeh on Friday sharply criticised US President Donald Trump for suggesting Washington should have a role in choosing Iran's next leader, saying the American leader “cannot even appoint a mayor of New York”.
1 min
March 07, 2026
The New Indian Express Mysuru
SHELTER GIVEN TO IRAN SHIP, CREW AT KOCHI
ON the day Iranian frigate IRIS Dena was hit by a torpedo fired from a US submarine, an Iranian warship IRIS Lavan had docked at the Kochi Naval Base, sources have confirmed.
1 min
March 07, 2026
The New Indian Express Mysuru
I-T dept amends crypto reporting rules
IN response to global developments on crypto asset reporting framework and updates to Common Reporting Standard (CRS), the government has amended the Income Tax Rules to widen the reporting framework for financial accounts by bringing crypto assets, central bank digital currency (CBDC) and certain electronic money products within its ambit.
1 min
March 07, 2026
The New Indian Express Mysuru
Pilot from Nagpur killed in Assam Sukhoi crash was part of Op Sindoor
FLIGHT Lieutenant Purvesh Duragkar, who lost his life in the Su-30 crash in Assam, hailed from Nagpur and had taken part in Operation Sindoor, launched to target terror bases in Pakistan following last year’s Pahalgam attack.
1 mins
March 07, 2026
Listen
Translate
Change font size