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Bharat Forge and Samvardhana Motherson International shares fell over 3 per cent each after Trump imposed a 25 per cent tariff
Why stock markets are falling: US Trump tariffs, F&O expiry, and FII selling are some of the reasons why Sensex, Nifty are down today
Mukesh Ambani-led Reliance Industries, India's largest company by market capitalisation, dropped 2 per cent, contributing significantly to the sector's weakness
President Donald Trump has been getting his way on trade, strong-arming the European Union, Japan and other partners to accept once unthinkably high taxes on their exports to the United States. But his radical overhaul of American trade policy, in which he's bypassed Congress to slam big tariffs on most of the world's economies, has not gone unchallenged. He's facing at least seven lawsuits charging that he's overstepped his authority. The plaintiffs want his biggest, boldest tariffs thrown out. And they won Round One. In May, a three-judge panel of the US Court of International Trade, a specialised federal court in New York, ruled that Trump exceeded his powers when he declared a national emergency to plaster taxes tariffs on imports from almost every country in the world. In reaching its decision, the court combined two challenges one by five businesses and one by 12 US states into a single case. Now it goes on to Round Two. On Thursday, the 11 judges on the US Court of Appe
A major buyer of Russian oil, India is now finding itself blindsided by a more aggressive approach to the Kremlin from both Washington and Brussels
US President Donald Trump ends the $800 duty-free exemption on imports from August 29, targeting Chinese e-commerce like Shein and Temu
Pharmaceuticals Export Promotion Council of India (Pharmexcil) on Thursday said President Donald Trump's imposition of a 25 per cent tariff plus unspecified penalty on all goods coming from India starting August 1, will result in increased costs for essential drugs in the US, ultimately harming consumers and healthcare systems in the country in the long term. The US market, heavily reliant on India for Active Pharmaceutical Ingredients (APIs) and low-cost generics, faces a daunting challenge in finding alternative sources that can match the scale, quality, and affordability that India offers, Pharmexcil Chairman Namit Joshi said in a statement. President Donald Trump on Wednesday announced the imposition of a 25 per cent tariff on all goods coming from India starting August 1, plus an unspecified penalty for buying Russian crude oil and military equipment. Reacting to the development, Joshi said India has long been a cornerstone of the global supply chain for affordable, high-qualit
India's stock benchmark has lagged most major global peers this year amid concerns over a slowdown in its economy and corporate earnings
Stocks to Watch today, July 31: Here is the complete list of stocks to watch during today's trading session
President Donald Trump signed an executive order Wednesday to impose his threatened 50 per cent tariffs on Brazil, setting a legal rationale that Brazil's policies and criminal prosecution of former President Jair Bolsonaro constitute an economic emergency under a 1977 law. Trump had threatened the tariffs on July 9 in a letter to President Luiz Inacio Lula da Silva. But the legal basis of that threat was an earlier executive order premised on trade imbalances being a threat to the US economy. But America ran a $6.8 billion trade surplus last year with Brazil, according to the US Census Bureau. A statement by the White House said Brazil's judiciary had tried to coerce social media companies and block their users, though it did not name the companies involved, X and Rumble. Trump appears to identify with Bolsonaro, who attempted to overturn the results of his 2022 loss to Lula. Similarly, Trump was indicted in 2023 for his efforts to overturn the results of the 2020 US presidential .
The 25 per cent figure would single out India more severely than other major trading partners, and threaten to unravel months of talks between the two countries
Trump's 25% tariff may strain India's electronics manufacturing in the short term; experts urge value chain shift, export diversification, and AI in IT delivery
Move comes after two nations fail to seal interim trade deal; govt says will take steps necessary to secure national interest
With the US imposing 25% tariffs on Indian goods, the shrimp industry faces a major setback, while the UK trade deal offers little immediate relief
The tariff will be imposed only on the value of the semiconductor which is in the electronics product, and not on the whole product
Indian exporters call US tariff hike a blow to textile ambitions but say strong supply chain and lower duty rates than rivals will help retain market presence
Apple's iPhone export plans from India face setback as US imposes 25% tariff on all Indian goods
Trump Sanctions On Russian oil puts the squeeze on India's Biggest Crude Supplier
The commerce ministry said the Indian government remains committed to a fair trade deal and will take all necessary steps to protect national interests
The move comes even as the two countries continue negotiations on a trade agreement that has been in the works for several months