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Stock Market LIVE: Sensex, Nifty settle flat in pre-open ahead of RBI policy decision
9:05 AM
Stock Market LIVE Updates: Rupee opens lower ahead of RBI policy
Stock Market LIVE Updates: Indian Rupee opened 9 paise lower on Friday, ahead of the monetary policy committee's repo rate decision. Rupee opened at 85.87 per US dollar vs Thursday's close of 85.79/$
8:58 AM
Stock Market LIVE Updates: New to investing? BSE's free Nivesh Mitra app helps you learn without risk
Stock Market LIVE Updates: Thinking about investing in stocks or mutual funds but don't know where to start? You're not alone — and now you don't have to jump in blind.
BSE, India's oldest stock exchange, has launched BSE Nivesh Mitra, a free, easy-to-use learning app for anyone who wants to understand how the markets work — without actually spending real money.
And the best part? It's backed by market regulator Sebi which means it's completely educational, unbiased, and safe. READ MORE
8:54 AM
Stock Market LIVE Updates: Pre-opening view
Stock Market LIVE Updates: Pre-opening view
-- Uncertainty, which has been looming large on the global economic horizon, has spiked with the open spat between President Trump and Elon Musk.
-- This unprecedented clash between two of the world's most powerful and mercurial personalities will have its consequences on the policies of the US administration.
-- Chinese restrictions on exports of rare earth minerals and magnets, in response to the reciprocal tariffs imposed by US, have already started impacting the EV automobile industry.
-- Important US data like US ISM PMI and jobless claims indicate that the US economy is slowing down. US is likely to end 2025 with a GDP growth of mere 1%.
-- US bond yields are likely to fall further which will be positive for EMs, particularly India, whose growth prospects are the brightest.
-- In today's monetary policy the RBI is likely to cut policy rates by 25 bp. This is already factored in by the market. More important will be the RBI commentary on growth and inflation projections for FY26. If the inflation forecast is cut from 4% the market would respond positively.
8:54 AM
Stock Market LIVE Updates: Pre-opening view
Stock Market LIVE Updates: Pre-opening view
-- Uncertainty, which has been looming large on the global economic horizon, has spiked with the open spat between President Trump and Elon Musk.
-- This unprecedented clash between two of the world's most powerful and mercurial personalities will have its consequences on the policies of the US administration.
-- Chinese restrictions on exports of rare earth minerals and magnets, in response to the reciprocal tariffs imposed by US, have already started impacting the EV automobile industry.
-- Important US data like US ISM PMI and jobless claims indicate that the US economy is slowing down. US is likely to end 2025 with a GDP growth of mere 1 per cent.
-- US bond yields are likely to fall further which will be positive for EMs, particularly India, whose growth prospects are the brightest.
-- In today's monetary policy the RBI is likely to cut policy rates by 25 bps. This is already factored in by the market. More important will be the RBI commentary on growth and inflation projections for FY26. If the inflation forecast is cut from 4 per cent the market would respond positively.
8:51 AM
Stock Market LIVE Updates: Cognizant wins two mega deals, eyes return to IT top four by 2027
Stock Market LIVE Updates: Cognizant said on Wednesday it has won two 'mega deals' (worth $500 million at least) so far in its second quarter, taking the total to three in 2025 as it works to once again rank among the top four IT services companies in three years.
The Nasdaq-listed company follows a January to December financial calendar. The two deals won in the second quarter, which ends on June 30, are in the communication, media and technology and health sciences business, said Surya Gummadi, president of Cognizant Americas, at a Bank of America technology conference. READ MORE
8:37 AM
Stock Market LIVE Updates: Views on Gold
Stock Market LIVE Updates: Views on Gold
-- Gold prices have eased from elevated levels following US President Donald Trump's announcement of renewed trade talks with Chinese President Xi Jinping.
--This development has lifted sentiment around risk assets, raising hopes that the ongoing tariff war between the two nations might soon reach a truce — a scenario typically unfavourable for bullion.
-- However, markets are awaiting further clarity on the talks. In the immediate term, attention now shifts to upcoming US Jobs data.
-- A stronger-than-expected reading could put additional pressure on gold prices, while any disappointment is likely to limit the downside, especially with growing expectations of at least two interest rate cuts by the US Federal Reserve in 2025 amid persistently weak economic indicators.
Views by: Aksha Kamboj, vice president, India Bullion and Jewellers Association and executive chairperson, Aspect Global Ventures
8:35 AM
Stock Market LIVE Updates: Wockhardt's novel antibiotic Zaynich eyes $9 billion global market
8:09 AM
Stock Market LIVE Updates: Nifty Bank Strategy: How to use a 'Bull Spread' for June 26 expiry decoded

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The US has taken in $125 billion in tariffs in 2025. Here's why experts are worried
US President Donald Trump shocked many when he announced 'reciprocal tariffs' on US trading partners in April. The declaration, which came on 'Liberation Day', sent tremors through the world markets. The US in 2025 has taken in $125.6 billion in tariffs thus far – a massive increase from 2024 when tariffs generated $79 billion over the entire year. So why are experts worried? read more The US is raking it in from tariffs. US President Donald Trump shocked many when he announced 'reciprocal tariffs' on US trading partners including China and India in April. The declaration, which came on 'Liberation Day', sent tremors through the world markets. Trump has been obsessed with tariffs since his first term. He has mused about tariffs paying down the federal debt and even potentially replacing income tax. But how much money is America taking in from tariffs? STORY CONTINUES BELOW THIS AD Let's take a closer look: What do we know? As of July 29, America has taken in $125.6 billion in tariffs. The data show tariffs have been steadily climbing the entire year. In January, tariff revenues were at around $8 billion. In April, the levies had generated $16.3 billion. By June, tariffs added another $26.6 billion to the kitty. In July, that figure increased by another $28 billion. That's a massive increase from 2024 when America took in $79 billion in tariffs over the entire year. In 2022, tariffs were at $98 billion. The Yale University Budget Lab has said that the average tariff rate on imported goods currently stands at 18.2 per cent. This is the highest rate since 1934. Before Trump returned to office, that figure was at 2.4 per cent. Treasury Secretary Scott Bessent has predicted that tariffs could generate over $300 billion in revenue. While this seems like a good thing, it is American companies who are having to pay the costs to the government. Businesses will also likely pass on the escalating costs to the consumer, who could experience sticker shock. Treasury Secretary Scott Bessent has predicted that tariffs could generate over $300 billion in revenue. Reuters Experts say Trump's tariffs will inevitably cause prices to rise. According to the Federal Reserve, inflation ought to be at two per cent. Inflation was at 2.7 per cent in January, 2.4 per cent in May and 3 per cent in June. They say a number of firms stockpiling products has thus far resulted in consumers having to avoid shelling out extra. STORY CONTINUES BELOW THIS AD But they say there are signs that the US customer will soon start paying the price for Trump's tariffs. From major appliances to sports equipment and toys, many products that Trump has levied tariffs on have witnessed price increases. While some in the administration have argued that tariffs could eventually replace income tax, this is still far short of the $2.4 trillion income tax the federal government took in last year. Trump tears up post WW-II playbook Since his return to the White House US President Donald Trump tore up the US post-WWII economic policy playbook of favouring free trade, slapping tariffs on trading partners and on certain products like steel. The US has subsequently reached deals with a number of countries that will see considerably higher tariffs apply than were in place, but for the most part also considerably lower than the highest rates that Trump threatened to impose. Trump said Thursday that sweeping tariffs he has imposed on nations around the world were making the country 'great & rich again' as governments raced to strike deals with Washington less than 24 hours before an August 1 deadline. 'ONE YEAR AGO, AMERICA WAS A DEAD COUNTRY, NOW IT IS THE 'HOTTEST' COUNTRY ANYWHERE IN THE WORLD,' he wrote on his Truth Social platform. STORY CONTINUES BELOW THIS AD The deals that the US reached with trading partners will also go into effect on August one, as will a 50 percent levy on copper imports. For around 80 countries, including the 27 members of the European Union, rates of between 11 and 50 percent are set to come into force.
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Trump's on-again, off-again tariff threats have roiled financial markets and disrupted US companies' ability to manage supply chains, production, staffing and prices. On May 28, a three-judge panel of the US Court of International Trade sided with the Democratic states and small businesses that challenged Trump. It said that the IEEPA did not authorize tariffs related to longstanding trade deficits. The Federal Circuit has allowed the tariffs to remain in place while it considers the administration's appeal. The case will have no impact on tariffs levied under more traditional legal authority, such as duties on steel and aluminum imports. The president recently announced trade deals that set tariff rates on goods from the European Union and Japan, following smaller trade agreements with Britain, Indonesia and Vietnam. 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