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Page 39 - Latest Updates on Trump tariffs

Six months of a Trump Presidency later, India-US ties hit a crossroads

Despite both Trump and Modi getting off to a warm start and a first-mover advantage for India in trade talks, recent developments suggest the going may not be as easy as initially hoped

Six months of a Trump Presidency later, India-US ties hit a crossroads
Updated On : 05 Aug 2025 | 4:49 PM IST

Rupee closes lower as tariff tensions weigh; ends at 87.80/$

Indian Rupee today: The domestic currency closed 14 paise lower at 87.80 against the dollar on Tuesday, according to Bloomberg

Rupee closes lower as tariff tensions weigh; ends at 87.80/$
Updated On : 05 Aug 2025 | 4:01 PM IST

Stock market highlights: Sensex falls 308 pts, Nifty at 24,650; Oil & Gas, Pharma stocks top drag

Stock market close highlights on Tuesday, Aug 5:Sensex settled 0.38 per cent or 308.47 points lower at 80,710.25 levels, while NSE's Nifty50 slipped 0.30 per cent or 73.20 points to 24,649.55 levels.

Stock market highlights: Sensex falls 308 pts, Nifty at 24,650; Oil & Gas, Pharma stocks top drag
Updated On : 05 Aug 2025 | 3:55 PM IST

Supported by Brics, like-minded allies: Russia amid Trump's tariff threats

Russia's Foreign Ministry spokeswoman Maria Zakharova accused the US of being unable to accept the erosion of its dominance in an emerging multipolar international order

Supported by Brics, like-minded allies: Russia amid Trump's tariff threats
Updated On : 05 Aug 2025 | 3:01 PM IST

India struggles to engage Trump admin as key US roles remain vacant

It's become urgent for New Delhi to make its case to Washington after being unexpectedly slapped with a 25% tariff, one of the highest in the region, facing further threats over its ties with Russia

India struggles to engage Trump admin as key US roles remain vacant
Updated On : 05 Aug 2025 | 2:09 PM IST

Jaishankar calls for a 'global fair order' amid Trump's tariff pressure

Jaishankar's remarks come amid rising global tensions, with Trump imposing tariffs on India and criticising its oil trade with Russia

Jaishankar calls for a 'global fair order' amid Trump's tariff pressure
Updated On : 05 Aug 2025 | 1:07 PM IST

ONGC, RIL, HPCL: Nifty Oil & Gas slips 1%; check reasons, recommendations

Oil & Gas stocks declined in trade after US President Donald Trump threatened to raise tariffs in Indian imports over the purchase of a "massive" amount of Russian crude oil

ONGC, RIL, HPCL: Nifty Oil & Gas slips 1%; check reasons, recommendations
Updated On : 05 Aug 2025 | 12:46 PM IST

Gokaldas, Welspun tank up to 17% in 1 week; what's hurting textile stocks?

In the past week, textile stocks have fallen by up to 18 per cent following Trump's announcement of a 25 per cent tariff

Gokaldas, Welspun tank up to 17% in 1 week; what's hurting textile stocks?
Updated On : 05 Aug 2025 | 12:42 PM IST

Rupee skids close to record low as Trump threatens more tariffs

Indian Rupee today: The domestic currency opened 16 paise lower at 87.82 against the dollar on Tuesday, according to Bloomberg

Rupee skids close to record low as Trump threatens more tariffs
Updated On : 05 Aug 2025 | 9:36 AM IST

Why isn't Trump pressuring China as hard: Expert on India tariff threat

The Global Trade Research Initiative (GTRI) stated that China-not India-is the largest purchaser of Russian oil. In 2024, China imported $62.6 billion worth, compared to India's $52.7 billion

Why isn't Trump pressuring China as hard: Expert on India tariff threat
Updated On : 05 Aug 2025 | 6:48 AM IST

Trump threatens to 'substantially' raise tariffs on India over Russian oil

Trump says New Delhi buying 'massive' amounts of Russian crude and selling it for big profits

Trump threatens to 'substantially' raise tariffs on India over Russian oil
Updated On : 04 Aug 2025 | 11:30 PM IST

'EU, US import Russian goods but target us': India defends oil purchase

India slams Trump's tariff threat, defends Russian oil imports as essential, and calls out US, EU 'hypocrisy' for trading with Russia while unfairly targeting New Delhi

'EU, US import Russian goods but target us': India defends oil purchase
Updated On : 04 Aug 2025 | 11:18 PM IST

Rupee reverses early gains; ends 12 paise lower at 87.66/$

Indian Rupee today: The domestic currency closed 12 paise lower at 87.66 against the dollar on Monday, according to Bloomberg

Rupee reverses early gains; ends 12 paise lower at 87.66/$
Updated On : 04 Aug 2025 | 3:58 PM IST

Stock market close highlights: Sensex rises 419 pts, Nifty at 24,723; Metal, IT, auto stocks shine

Sensex Today | Stock Market LIVE Updates, August 4, 2025: In the broader markets, the Nifty MidCap100 and SmallCap indices edged higher by 0.26 per cent and 0.07 per cent, respectively

Stock market close highlights: Sensex rises 419 pts, Nifty at 24,723; Metal, IT, auto stocks shine
Updated On : 04 Aug 2025 | 3:50 PM IST

Govt working on measures to insulate exporters from Trump tariff: Official

The government is working on certain support measures for exporters in sectors like textiles and chemicals to insulate them from the impact of the Trump tariff, an official said on Monday. US President Donald Trump has announced an additional 25 per cent import duty on Indian goods entering America from August 7. The official said that the commerce ministry has held meetings with several export sectors, including steel, food processing, engineering, marine, and agriculture, to understand issues they may face due to high tariffs. Indian exporters from various sectors, including food, marine, and textiles, have sought financial assistance and affordable credit from the government to cope with the 25 per cent Trump tariff. Exporters are requesting the government to extend fiscal incentives such as interest subsidy and extension of RoDTEP scheme (Remission of Duties and Taxes on Exported Products), RoSCTL (Rebate of State and Central Taxes and Levies), timely payment of dues, and a dir

Govt working on measures to insulate exporters from Trump tariff: Official
Updated On : 04 Aug 2025 | 3:03 PM IST

Sensex, Nifty inch up amid RBI MPC policy meet; shrugs off global jitters

Sectorally, Nifty Auto was among the top-performing sectoral indices, trading at 23,745.2, up by 1.43 per cent.

Sensex, Nifty inch up amid RBI MPC policy meet; shrugs off global jitters
Updated On : 04 Aug 2025 | 12:52 PM IST

India's IOC buys 7 mn barrels US, Abu Dhabi crude amid Russian oil decline

India's top refiner IOC buys 7 million barrels of crude from US, Canada and Abu Dhabi via tender, as Russian oil imports pause due to narrowing discounts and rising sanctions

India's IOC buys 7 mn barrels US, Abu Dhabi crude amid Russian oil decline
Updated On : 04 Aug 2025 | 12:26 PM IST

Goldman Sachs trims India's GDP forecast on Trump's 25% tariffs

Goldman Sachs lowered India's economic growth forecast after Donald Trump imposed a 25 per cent tariff

Goldman Sachs trims India's GDP forecast on Trump's 25% tariffs
Updated On : 04 Aug 2025 | 12:09 PM IST

Trump tariffs jolt Malaysia, disrupting solar exports, China trade ties

Once a cog in the Malaysian economy, the solar industry profited from Chinese investment. Now it's becoming a case study of what happens when the United States closes its markets

Trump tariffs jolt Malaysia, disrupting solar exports, China trade ties
Updated On : 04 Aug 2025 | 11:45 AM IST

Rupee advances tracking Asian peers; opens 34 paise higher at 87.20/$

Indian Rupee today: The domestic currency closed 34 paise higher at 87.20 against the dollar on Monday

Rupee advances tracking Asian peers; opens 34 paise higher at 87.20/$
Updated On : 04 Aug 2025 | 9:20 AM IST