BUSINESS
India’s Economy Likely to Outperform Despite U.S. Tariffs; Trade Deal by October Could Soften Impact: Report
The newly imposed tariffs will become effective from August 1. The report says that India remains in negotiations with U.S. officials to seal a trade deal reflecting both countries' economic and strategic interests.
Ola Electric Sees Over 57% Drop in July Sales, Market Share Slashed by Half
This precipitous drop in volumes has reflected immediately on the market share of the company, which has tumbled from 38.83% to 17.35% year-on-year.
ED Summons Anil Ambani on August 5 in Alleged ₹17,000 Crore Loan-Fraud Probe
The sources pointed out that Ambani has been directed to appear before ED officials at the agency headquarters in New Delhi on August 5.
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."
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