A man walks near a screen outside the Bombay Stock Exchange (BSE) in Mumbai, on August 28, 2025 | Photo Credit: Reuters Stock market benchmark indices tumbled on Thursday (August 28, 2025), with the Sensex cracking 706 points, as the additional 25% tariff imposed by U.S. President Donald Trump on India for its purchases of…
The dollar index, which gauges the greenback’s strength against a basket of six currencies, fell 0.16% to 98.07. Representational file image. | Photo Credit: AP The rupee rose by 6 paise to close at 87.63 (provisional) against the U.S. dollar on Thursday (August 28, 2025), aided by a weaker greenback and a decline in crude…
Image for representation only | Photo Credit: Reuters Bank of Baroda on Thursday (August 28, 2025) has announced a reduction in its car loan interest rates. Its floating car loan interest rates now start from 8.15% p.a. (earlier 8.40% p.a.), with immediate effect. “The rate cut is over and above the rate reduction by the…
As the 50 per cent US tariffs on the Indian imports came into effect on Wednesday, the stakeholders of the diamond industry in Surat believe that the market will be affected due to US’ decision only for a short period of time as India controls 90% of diamond production. Jagdish Khunt, who is the President…
Bombay Stock Exchange (BSE) in Mumbai. | Photo Credit: REUTERS Textile, leather, gems and jewellery stocks declined on Thursday morning trade as the steep 50% tariff on Indian goods entering the United States came into effect. Shares of Alok Industries tanked 4.13%, Raymond Lifestyle fell by 3.66%, Siyaram Silk Mills dropped 2.92%, Welspun Living declined…
The All Kerala Gold & Silver Merchants Association has requested the Union Finance Ministry to enable EMI facility for gold jewellery purchase. This would empower middle-income households to plan their purchases and boost overall retail growth. they stated. Gold has become increasingly inaccessible due to price surge as the rates have increased by over ₹35,000…
A view of the Bombay Stock Exchange in Mumbai | Photo Credit: PTI Stock market benchmark indices Sensex and Nifty tumbled in early trade on Thursday (August 28, 2025) as the additional 25% tariff imposed by U.S. President Donald Trump on India for its purchases of Russian oil came into effect, weighing on investors’ sentiment….
Image used for representation purpose only. | Photo Credit: Reuters The rupee rose 10 paise to 87.59 against the U.S. dollar in early trade on Thursday (August 28, 2025), supported by a weaker dollar index and easing Brent crude prices. Besides, the Reserve Bank of India (RBI) stepped in to protect the local unit from…
The immediate impact of recent U.S. tariffs on Indian exports may appear limited, but their secondary and tertiary effects on the economy pose challenges that must be addressed, the Finance Ministry said in a report on Wednesday (August 27, 2025) amid the U.S. effecting a steep 50% tariff on shipments from India. Trump tariffs LIVE…
India is planning dedicated outreach programmes in 40 countries, including the UK, Japan, and South Korea, to push textiles exports amid a 50% tariff imposed by the U.S. on Indian products, an official said on Wednesday. Other nations include Germany, France, Italy, Spain, the Netherlands, Poland, Canada, Mexico, Russia, Belgium, Turkiye, the United Arab Emirates,…
