π️ Daily News – July 31, 2025
π Curated Global & Indian Headlines | Finance • Politics • Markets • Sports 1. U.S. Slaps 25% Tariffs on India Amid Rising Tensions In a dramatic escalation, former U.S. President Donald Trump announced a 25% tariff on all major Indian exports to the U.S., set to take effect from August 1, 2025 . Trump cited India’s continued military and energy cooperation with Russia as a primary reason, warning India against "further alignment with authoritarian regimes." π΄ Trump’s words: “India and Russia will drag each other’s economies down together.” π Impact : Immediate backlash from Indian political parties, economists, and exporters. Analysts fear an impending trade war , citing negative implications for India’s IT, pharma, and textile sectors . πΈ 2. Indian Markets Nosedive on Tariff Shock Reacting sharply to the tariff announcement, Dalal Street witnessed a panic sell-off : BSE Sensex ...