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Mkt sheds 1,500 points, investors lose ₹10 lakh crore

The New Indian Express Villupuram

|

August 29, 2025

DOMESTIC equity market experienced a significant sell-off following the Trump administration's imposition of an additional 25% tariff on Indian goods, raising the total levy to 50%.

- ARSHAD KHAN @New Delhi

This move severely dampened sentiment, particularly for companies that derive a substantial portion of their revenue from the US.

The 50% duty on nearly $45 billion worth of exports is expected to adversely impact India's export economy and could lead to widespread job losses in key labour-intensive sectors such as textiles, gems and jewellery, and leather. The sentimental impact of this development is believed to be highly negative from the market perspective.

FLERE HISTORIER FRA The New Indian Express Villupuram

The New Indian Express Villupuram

Punjab youth stabbed to death in Southall, UK

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The New Indian Express Villupuram

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The New Indian Express Villupuram

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The New Indian Express Villupuram

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The New Indian Express Villupuram

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The New Indian Express Villupuram

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The New Indian Express Villupuram

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The New Indian Express Villupuram

'Need deeper look into tax on equities'

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The New Indian Express Villupuram

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