Page 36 - Latest Updates on Trump tariffs

Zelenskyy urges India to limit Russia energy exports; PM Modi responds

PM Modi also posted about his conversation with Zelenskyy, stating that he conveyed India's consistent position on the need for an early and peaceful resolution of the conflict

Indian Rupee gives up early gains to close flat; ends at 87.66/$

Indian Rupee today: The domestic currency closed flat at 87.66 against the dollar on Monday after opening 16 paise higher

Stock market close highlights: Sensex up 746pts, Nifty at 24,585; PSU Bk, Auto, Realty stocks shine

Stock market close highlights on Monday, August 11, 2025: On the BSE, Tata Motors, Eternal and Trent were the top gainers while ICICI Bank, BEL and Bharti Airtel were among the major laggards.

Trump's 50% tariffs forcing Indian banks to scrutinise exporters' loans

Lenders are asking borrowers more pointed questions when vetting new export financing proposals or renewals of such funding

In India, Trump's tariffs spark calls to boycott American goods, companies

There's a growing chorus both on social media and offline to buy local and ditch American products after Donald Trump imposed a 50 per cent tariff on goods from India

Trump's tariffs add $150 billion to US revenue, but where will it go

Donald Trump's tariffs have generated $150 billion in revenue, but questions remain on how it will be used amid deficit and debt concerns

Trump yet to decide on tariffs over China's Russian oil purchase: Vance

US President Donald Trump has not yet decided on imposing levies on China for purchasing oil from Russia, as Washington's ties with Beijing affect many things that have nothing to do with the Russian situation", Vice President J D Vance has said. Well, the President said he's thinking about it, but he hasn't made any firm decisions," Vance told Fox News Sunday. He was responding to a question about Trump imposing significant tariffs on countries like India for buying Russian oil and whether Washington will impose similar levies on China since Beijing also buys Russian oil. "Obviously the China issue is a little bit more complicated because our relationship with China, it affects a lot of other things that have nothing to do with the Russian situation," Vance said. He added that Trump is "reviewing his options, and of course, going to make that decision when he decides. The US had initially imposed 25 per cent reciprocal tariffs on India and Trump last week slapped another 25 per c

Brokerages decode Tata Motors' Q1 results; is the stock still worth buying?

Nuvama Institutional Equities flagged the sharp miss in Tata Motors' JLR and India PV earnings, reducing its FY26E/FY27E Ebitda estimates by 6-7 per cent.

Rupee advances amid drop in oil prices; opens 16 paise higher at 87.50/$

Indian Rupee today: The domestic currency opened 16 paise higher at 87.50 against the dollar, according to Bloomberg

Trump tariff impact: No need to be alarmed, this difficult phase will pass

The exporters of steel will be affected, but they have the financial strength to manage the setback. Trump has so far exempted tariffs on pharmaceuticals, electronics, and petroleum products

Best of BS Opinion: India must make rational choices on Trump tariffs

Our editorials and opinion pieces today look at the impact of Trump's tariffs and how India should calibrate its responses, as well as the social and economic impact of AI replacing IT jobs

Trump tariff: Russian oil imports may dip in Aug while US' share rises

Over half of the 40 ships carrying Russian oil to India for deliveries this month are uncertain about discharging their cargoes because they will reach India only after August 21

'Indian refiners can do without Russian oil, but with trade-offs'

Indian refiners, the world's biggest user of Russian oil, can operate without supplies from Moscow from a technical standpoint, but the shift would involve major economic and strategic trade-offs, analysts said. Russian crude supports high distillate yields - the share of crude converted into fuels like petrol, diesel, and jet fuel through distillation. Replacing Russian crude, which accounts for up to 38 per cent of India's refinery intake, with alternatives will shift yields, resulting in lower middle distillates (diesel and jet fuel) and higher residue outputs, according to global real-time data and analytics provider Kpler. US President Donald Trump last week announced an additional 25 per cent tariff on US imports from India -- raising the overall duty to 50 per cent -- as a penalty for the country's continued imports of Russian oil. Since the steep tariffs are likely to hit the USD 27 billion of non-exempt exports that India does to the US, there has been chatter around stoppi

US inflation likely to rise in July as higher tariffs drive up prices

The core consumer price index, regarded as a measure of underlying inflation because it strips out volatile food and energy costs, rose 0.3 per cent in July, according to the Bloomberg survey

Those importing from Russia object to us: Venkaiah Naidu on US tariffs

Naidu also said that India would not "compromise or succumb to pressure from anybody"

Trump-Putin Alaska summit to tackle Ukraine war, tariffs and global trade

Trump announces historic Alaska summit with Putin to discuss Ukraine, tariffs, and trade; here's what to expect from the meeting

'New world order taking shape', says expert on PM Modi's call with Putin

Putin briefed PM Modi on Ukraine during their call, and both leaders reaffirmed their commitment to strengthening the India-Russia Special and Privileged Strategic Partnership

India's forex reserves fall $9.3 bn on RBI dollar sales, revaluation

India's forex reserves drop to $688 billion amid heavy RBI dollar sales and revaluation losses as rupee weakens past 87 per dollar following US tariff action

Trump signals no more trade talks, Piyush Goyal says parleys still on

Commerce minister confident India's FY26 exports will exceed last year's tally

Donald Trump's tariff victory in global trade war is not what it seems

In the end, the victory will be Pyrrhic, especially for US households and businesses and for America itself, given expected damage to its relationships with other countries & its standing in the world