Business News (7th August, 2025)

India–US Trade Tensions Escalate The United States, under President Donald Trump, has announced a sharp increase in tariffs on Indian imports—raising them from 25% to 50%, effective in 21 days. The immediate 25% tariff applies now, with the balance kicking in by August 27, 2025. This dramatic escalation is a response to India’s continued import of Russian oil, which now comprises about 40% of its total imports. India has denied claims it is reselling the oil for profit and has framed the move as seeking affordable energy in a volatile global market. Prime Minister Narendra Modi has vowed to stand firm, stating he would not compromise Indian farmers, fishermen, or domestic interests “even at a personal cost.” Meanwhile, the Indian government has intervened to stabilize the rupee amid the fallout. Markets & Industry Impact in India Indian stock indices reacted sharply: initially Sensex dropped over 500 points and Nifty dipped toward 24,400, reflecting market jitters over looming tariffs. However, losses were pared later as investors regained some confidence. Analysts warn the tariff shock could shave up to 0.80 percentage points off India’s GDP growth, especially impacting $87 billion in U.S. exports (textiles, gems & jewellery, shrimp, leather, chemicals). The gems and jewellery industry has described the tariff increase as “doomsday”, with businesses exploring options to relocate manufacturing to countries like the UAE and Mexico to mitigate the impact. Global Monetary Policy Reaction Bank of England (BoE) cut interest rates to 4%, a 0.25 pp reduction, despite inflation concerns. The decision was narrowly passed (5–4), with some members warning against rapid rate cuts as inflation is expected to rise to 4% by September. The BoE flagged rising food and energy prices and noted global trade disruptions—especially the U.S.–India friction—as key risks that could complicate its inflation outlook. India’s Startup & Trade Developments India’s startup ecosystem continues to thrive, with nearly 185,000 startups recognized by DPIIT, nearly half led by women. Key trends include breakthroughs in agentic AI, retail expansion tailored to Bharat, and increased activity in GIFT City pooled funding and mega acquisitions. In a major trade milestone, India and the UK signed a Comprehensive Economic and Trade Agreement on July 24, 2025, anticipated to cut duties (e.g. on Scotch whisky) and boost bilateral trade. Events & Finance Snapshots The ET SME Make in India Regional Summit is scheduled in Chandigarh on August 7, aiming to empower MSMEs through policy guidance and networking under the Make in India initiative. In North America, Canada's services PMI rose to 49.3 in July, signaling modest improvement in business confidence, though activity remains slightly contracted. Future activity expectations jumped to 60.9, a healthy signal for recovery momentum ahead of major global events like the FIFA World Cup. Free Backlinks https://findmetop.com/listing/airporttoairlines/ https://www.cake.me/me/airport-toairlines https://blisspot.com/profile/airport-toairlines https://wayworld.listbb.ru/viewtopic.php?f=2&t=40544 https://schoolido.lu/user/AirportToAirlines/ https://www.flirtic.com/blogs/343269 https://www.airliners.net/user/AirportToAir/profile https://app.dataquest.io/profile/airporttoairlines https://airporttoairlines.carrd.co/ https://jobs.barazalab.com/candidate/airporttoairlines/ https://wallhaven.cc/user/AirportToAirlines https://searchengines.guru/ru/users/2202976 https://forum.librecad.org/Need-to-exchange-money-before-your-flight-or-right-after-landing-td5727659.html https://www.krop.com/airporttoairlines/#/ https://airporttoairlines.seesaa.net/ https://write.as/3gj1twa1e5rfb.md https://imimediation.org/member/airport-toairlines/