Prime Minister Modi inaugurated Maruti Suzuki’s first made-in-India Battery Electric Vehicle, the e-Vitara, in Gujarat, destined for export to over 100 countries. This launch, coinciding with the start of hybrid battery electrode production, signifies India’s growing strength in green mobility.
India’s cryptocurrency market is witnessing a surge in futures trading, surpassing spot transactions due to rising crypto prices and leverage opportunities. Traders are bypassing the steep TDS and profit tax applicable on spot trades by using futures. The acceptance of Indian rupee margins on domestic platforms has further fueled this shift, prompting exchanges to actively…
Indian exporters of diamond jewellery, textiles, and marine products are accelerating shipments to the US to avoid a 25% tariff hike effective Wednesday, August 27. This surge, utilizing both sea and air transport, aims to deliver orders before the deadline, with some routing goods through Dubai to mitigate the costs.
Starting August 27, 2025, the US will impose 50% tariffs on $60.2 billion worth of Indian exports, impacting textiles, gems, and furniture. This move is projected to significantly reduce India’s exports to the US, potentially benefiting countries like China and Vietnam.
Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, dropped in opening trade on Tuesday as US notified 50% tariffs on India effective tomorrow. While Nifty50 went below 24,850, BSE Sensex was down over 400 points.
Delhi Metro fares have increased for the first time in years, impacting daily commuters. Effective Monday, fares are up by Rs 1 to Rs 4, with the minimum fare now Rs 11 and the highest Rs 64. Airport Express Line fares also see a rise. The DMRC calls the revision minimal but necessary to balance…
While GST reforms are highly welcome, they also demand a proactive approach from the business community. Given the potential for a “wait and watch” strategy from consumers due to rate change announcements, it is crucial for the government to implement these reforms swiftly to prevent any short-term demand slump.
Stock market recommendations: Motilal Oswal Financial Services recommends Dixon Tech and Vishal Mega Mart as top stock picks for the week starting August 25, 2025. Dixon Tech is projected to grow significantly due to its market leadership and expansion plans. Vishal Mega Mart’s strong presence in Tier-2+ cities and focus on private labels are expected…
External Affairs Minister Jaishankar advocated for diversified supply chains, highlighting India’s experiences with trade and strategic control. He confirmed ongoing India-US trade discussions, emphasizing the protection of Indian farmers’ interests. Jaishankar addressed India’s stance on Russian oil purchases, asserting the nation’s right to make decisions in its national interest.
