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Image used for representation | Photo Credit: Reuters Amid the ongoing row over the tariffs and penalties imposed by the Trump administration on India, citing India’s trade relations with Russia, the US-India Business Council (USIBC) said on Thursday (August 7, 2025) that it is “time to redouble our efforts, not pull apart.” Trump tariff LIVE…
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The 30-share BSE Sensex dropped 335.71 points to 80,208.28 in early trade. The 50-share NSE Nifty declined 114.15 points to 24,460.05. File | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty declined in early trade on Thursday (August 7, 2025) as U.S. President Donald Trump slapped an additional 25% duty — doubling it to…
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According to forex experts, amid rising tensions with the U.S. and economic concerns, the rupee remained vulnerable and could see further downside as uncertainty continues to mount. File | Photo Credit: The Hindu The rupee traded in a narrow range and appreciated 5 paise to 87.67 against the U.S. dollar in early trade on Thursday…
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U.S. President Donald Trump said on Wednesday that he will impose a 100% tariff on computer chips, raising the spectre of higher prices for electronics, autos, household appliances and other essential products dependent on the processors powering the digital age. “We will be putting a tariff of approximately 100% on chips and semiconductors,” Mr. Trump…
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U.S. President Donald Trump and Apple CEO Tim Cook react as U.S. Vice President JD Vance stands next to them on the day they present Apple’s announcement of a $100 billion investment in U.S. manufacturing, in the Oval Office at the White House in Washington, D.C., U.S., August 6, 2025. | Photo Credit: Reuters Apple…
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Prime Minister Narendra Modi and U.S. President Donald Trump at a joint press conference in Washington. File | Photo Credit: PTI Trump doubles tariff on India to 50% for buying Russian oil U.S. President Donald Trump on Wednesday (August 6, 2025) signed an executive order imposing an additional 25% tariff on imports from India, in…
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A man counts Indian currency notes at a market in Bengaluru, India, August 1, 2025. REUTERS/Priyanshu Singh | Photo Credit: Reuters The rupee recovered from record low level and closed 15 paise higher at 87.73 (provisional) against the U.S. dollar on Wednesday (August 6, 2025), supported by a volatile greenback and the Reserve Bank’s decision…
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