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Mkt tumbles as US tariff offsets RBI rate pause

The New Indian Express Kozhikode

|

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.

- ARSHAD KHAN @ New Delhi

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.

MEER VERHALEN VAN The New Indian Express Kozhikode

The New Indian Express Kozhikode

Asian Road C’ships: Visa issue hits Indian cyclists

INDIA cyclists are running against time to get their visa to participate at the Asian Road Championships in Saudi Arabia from February 5 to 13.

time to read

1 mins

January 31, 2026

The New Indian Express Kozhikode

The New Indian Express Kozhikode

BJP, Congress spar over SIR debate in Rajasthan Assembly

THE Rajasthan Assembly witnessed repeated adjournments on Friday over the Special Intensive Revision (SIR) process, amid sharp exchanges between the ruling BJP and the opposition Congress.

time to read

2 mins

January 31, 2026

The New Indian Express Kozhikode

Foreigners’ Act not for people from PoK: Court

IN a significant judgment, a court in Jammu and Kashmir has ruled that Pakistan-occupied Kasmir (PoK) is not part of Pakistan but an integral part of India that has been illegally occupied.

time to read

1 min

January 31, 2026

The New Indian Express Kozhikode

UP police put pressure on judges for specific orders in lower courts: High Court

THE Allahabad HC on Friday said police officers in Uttar Pradesh were mounting pressure on judges regularly, particularly, chief judicial magistrates (CJMs), to pass specific orders.

time to read

1 min

January 31, 2026

The New Indian Express Kozhikode

The New Indian Express Kozhikode

Indian indicted in US for smuggling people from Canada to New York

AN Indian national has been indicted in the United States for human smuggling, while two Punjabi-origin Indian nationals were arrested in Canada in connection with a shooting linked to extortion, highlighting separate but serious criminal investigations involving migrants and cross-border crime in North America.

time to read

1 min

January 31, 2026

The New Indian Express Kozhikode

Economic Survey’s RTI mention plan to ‘murder’ it like MGNREGA: Kharge

LAUNCHING a scathing attack on the ‘Economic Survey’ that called for reexamining the Right to Information Act (RTI), Congress president Mallikarjun Kharge on Friday asked whether it was RTI's turn to get murdered after the UPA era rural job scheme MGNREGA.

time to read

1 mins

January 31, 2026

The New Indian Express Kozhikode

CLUBBING ANEW TO OLD CHANTS

WHEN none less than the Prime Minister takes note of ‘bhajan clubbing’, it is time to deconstruct the cool.

time to read

3 mins

January 31, 2026

The New Indian Express Kozhikode

Mahadalit woman’s forced cremation on road

SOUNDS unbelievable but a road passing through a small town in Bihar doubled up as a cremation ground, sending shockwaves across the region.

time to read

1 mins

January 31, 2026

The New Indian Express Kozhikode

The New Indian Express Kozhikode

Jeep to expand exports from India to mkts across Africa, North America

SPORTS utility vehicle (SUV) maker Jeep plans to expand its export footprint from India to markets across African and North American continent, making its Maharashtra facility a key contributor to the brand’s global distribution strategy.

time to read

1 min

January 31, 2026

The New Indian Express Kozhikode

Jaish terrorists cornered inside Kishtwar jungle

SECURITY forces have intensified operations against three Jaish-e-Mohammad (JeM) terrorists trapped in the forest area of Chatroo in the mountainous Kishtwar district of Jammu and Kashmir. In an effort to cut off communication for the terrorists, the authorities have suspended mobile Internet services within six kilometres of the operation zone.

time to read

1 min

January 31, 2026

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