Page 2 - Us Tariff

LKP Securities' reform-led bets: L&T Fin, PNG Jewellers, BEL, and 5 others

Pro-growth policy measures such as the government's proposed goods and services tax (GST) rationalisation are expected to aid consumption

EY raises India's GDP forecast to 6.7%; recommends diversifying markets

The 7.8 per cent GDP growth in the June quarter outperformed the Reserve Bank of India's expectation of 6.5 per cent growth during the August monetary policy meeting

Reforms to boost growth, but tariff suspense a risk, says FinMin

Finance ministry warns tariff risks could hit jobs and consumption, while GST rationalisation and reforms are seen as key to sustaining India's growth amid global uncertainties

Indices see worst week in 7 months as Trump diktats hit IT, pharma

Sensex and Nifty fell 2.6 per cent this week, their sharpest drop since February, as heavy FPI selling, US tariffs, and sectoral weakness wiped out Rs 16 trillion in wealth

Rupee holds steady as RBI intervenes to curb pressure from US risks

The rupee closed at 88.69 against the US dollar, a whiskey away from its all-time low of 88.7975 hit on Tuesday

Rupee hits new low on US visa shock; exporters don't expect much relief

Exporters don't expect much relief; currency may slip to 89.5 vs $ by year-end

Porsche caught between a slowing China, EV road bumps, and Trump

Porsche now expects its 2025 profit margin to be no more than 2%, down from a previously guided range of 5% to 7%

Amit Mitra flags US tariff concerns, outlines Bengal's economic plan

At MCCI's annual general meeting in Kolkata, Amit Mitra voiced concern over US tariffs while highlighting Bengal's growth strategy and central tax devolution issues

US tariffs to hit 8% of India's auto component output: Icra report

High US tariffs are expected to affect close to 8 per cent of India's overall auto component production, ratings firm Icra said on Wednesday. Indian auto component exporters are at a relative disadvantage compared to most other Asian exporting nations, highlighting the importance of concluding an India-US bilateral trade agreement, it added. Auto component exports contribute nearly 30 per cent to the industry's revenues, with the US alone accounting for 27 per cent of this share. "As a result, close to 8 per cent of India's overall auto component production is expected to be directly affected by the recently announced tariffs," Icra stated. The imposition of a 50 per cent tariff on Indian goods places Indian auto component exporters at a disadvantage compared to their Asian counterparts, as countries such as China, Japan, Vietnam, and Indonesia face lower tariffs of 1530 per cent, it pointed out. Further, manufacturers in Mexico and Canada remain exempt under the United ...

US tariff of 15% on Japanese cars, auto parts to take effect from today

President Donald Trump signed an executive order to implement the deal earlier this month, setting a maximum 15 per cent tariff on most of Japan's products, including automobiles

US tariffs to shear 5-10% off home textile industry revenue: Crisil Ratings

While US President Donald Trump and Prime Minister Narendra Modi have assured that trade negotiations are continuing, no deal has been reached so far

Faze Three, Indo Count zoom up to 20% on revival of India-US trade talks

Welspun Living, Gokaldas Exports, Pearl Global, Vardhman Textiles, Trident, Kitex Garments, Nahar Spinning and Himatsingka Seide rallied between 5 per cent and 12 per cent.

Avanti Feeds, Apex Frozen surge up to 17%. Why are shrimp stocks in focus?

Shrimp stocks rally amid news that trade deal talks between India and the US have gained momentum after Narendra Modi and Donald Trump expressed optimism on resolving long-standing issues.

Indian firms turn to small-town markets insulated from US tariffs

Consumption growth in India's countryside has outpaced that in urban markets for six straight quarters, according to data analytics firm NielsenIQ

Tariff woes abate; GST reforms next growth leg: Emkay Global Financial

Emkay Global remains constructive on a consumption revival cascading from multiple fiscal and monetary stimuli

Govt working on solutions to mitigate impact of US tariff hike: DEA secy

The government is working on an action plan to mitigate the impact of a steep tariff hike of 50 per cent imposed by the US on Indian shipments, Economic Affairs Secretary Anuradha Thakur said. "There are certain employment-heavy sectors which do have exposure to the US and to that extent may get affected. The government is well aware of that and is assessing the possible impact and working towards possible solutions," she told PTI in an interview. Besides, the Department of Economic Affairs (DEA) Secretary said the government has taken some steps and more are in the offing to perk up domestic demand, which could also provide some support to manufacturing units feeling heat of US tariffs. The government in the Budget had announced zero income tax for income up to Rs 12 lakh under the new tax regime providing substantial savings to taxpayers. The government has also announced GST reforms to be carried out in terms of rate rationalisation, which is expected to bring down prices of many

Govt prepares 'immediate relief measures' to mitigate US tariff stress

Exporters are expected to encounter delayed payments, stretched receivable cycles, and cancelled orders due to the tariff shock

Govt working overtime to cushion export sectors against US tariffs: CEA

Chief Economic Advisor (CEA) Anantha Nageswaran on Saturday said the central government, along with various stakeholders, are actively working overtime to cushion export sectors in view of the recent imposition of an additional 25 per cent tariff by the United States. The US has imposed a steep 50 per cent tariff on Indian goods entering America from August 27. Nageswaran highlighted that crises, whether minor or major, often act as catalysts, providing focus and purpose for all segments of societyincluding the government, private sector, and householdsto undertake necessary actions that might otherwise have been delayed. Since the tariffs took effect, "Conversations have been happening in the last three to four days", involving various exporting and representative bodies, private sector export promotion agencies, and the ministry, he said. Nageswaran, speaking virtually at ICC organised event, said that the ministries and the Ministry of Finance are "working overtime" to formulate

What happens to Trump's tariffs now that US appeals court calls it illegal?

President Donald Trump has audaciously claimed virtually unlimited power to bypass Congress and impose sweeping taxes on foreign products. Now a federal appeals court has thrown a roadblock in his path. The US Court of Appeals for the Federal Circuit ruled Friday that Trump went too far when he declared national emergencies to justify imposing sweeping import taxes on almost every country on earth. The ruling largely upheld a May decision by a specialised federal trade court in New York. But the 7-4 appeals court decision tossed out a part of that ruling striking down the tariffs immediately, allowing his administration time to appeal to the US Supreme Court. The ruling was a big setback for Trump, whose erratic trade policies have rocked financial markets, paralysed businesses with uncertainty and raised fears of higher prices and slower economic growth. Which tariffs did the court knock down? The court's decision centres on the tariffs Trump slapped in April on almost all US tr

PNB MetLife CIO suggests investment themes amid trade risks, high valuation

India's structural strengths (6.5 per cent GDP growth, easing rates, tax cuts, GST normalisation, and rural demand recovery) support a H2FY26 rebound, said Sanjay Kumar