BUSINESS
Trump Signs Executive Order Imposing 25% Tariff on Indian Imports
The late Thursday evening executive order did not include the penalties for India's purchase of Russian oil or its inclusion among BRICS, even though the president had threatened those previously.
Maruti Suzuki India Sees Dip in Q1 Profit and Revenue, Exports Show Growth
Revenue from operations also slipped sequentially, falling by 5.66% to ₹38,605.2 crore in the April–June period, down from ₹40,920.1 crore in the preceding quarter. The company’s total income decreased by 4.56% to ₹40,493.4 crore from ₹42,431.3 crore in Q4 FY25.
Piyush Goyal Vows Strong Response to Trump Tariffs to Safeguard National Interest
He made the statement amid US President Donald Trump's announcement to slap a 25% tariff, along with other penalties on Indian imports, from August 1.
Indian Markets Hold Ground Amid US Tariff Woes, Close Marginally Lower
Sensex closed the session at 81,185.58, lower by 296.28 points or 0.36 per cent. The 30-share index started trading with a steep decline at 80,695.50 compared to the previous session's closing of 81,481.86.
Trump tariffs a starting point for renewed negotiation, India stays committed: HSBC
Trump has just announced intentions to impose a 25% tariff on Indian products and enact a penalty regarding India's acquisition of Russian oil, which would come into effect on August 1.
India’s Manufacturing Soars to 14-Month High While Asia-Pacific Logistics Rents Remain Flat in H1 2025
The report also added that India had the best manufacturing performance in the country, as the S&P Purchasing Managers' Index (PMI) rose to 58.4 in June. It was driven by high export demand, higher levels of production, and record job creation in the industry.
Donald Trump Imposes 25% Tariffs on Indian Imports with Penalty Clause Effective August 1
Writing on his Truth Social platform, Trump described India as a "friend" but attacked its trade policies, saying that its tariffs for American products are "far too high."
India-Born Shailesh Jejurikar Named Next CEO of FMCG Powerhouse Procter & Gamble
Jejurikar, who is the present Chief Operating Officer at P&G, will succeed Jon Moeller as a result of a scheduled leadership transition.
Pakistan Government Expedites Cryptocurrency Adoption Strategy, Says Report
This move was deliberated in a high-level meeting on Tuesday, wherein the inclusion of digital assets in the country's financial system was on the agenda.
IMF Projects 6.4% Growth for India in 2025–26, Citing Reform-Driven Stability
This is a slight upward revision from previous forecasts, with the IMF crediting an improved global environment, stable domestic demand, and the nation's continued policy and structural reforms.
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