Latest Updates on Trump tariffs

Kremlin says India's oil diversification 'nothing new' amid US trade deal

After India-US trade deal, Kremlin says India has always bought oil from many countries; Moscow sees India's plan to diversify oil supplies as nothing new or surprising

Stock Market Close: D-St ends flat as IT selloff drags; Sensex up 78 pts, Nifty ends at 25,737

Sensex Today | Stock Market Highlights, Feb 4: In the broader markets, the Nifty MidCap index gained 0.63 per cent, and the Nifty SmallCap index rose 1.27 per cent

Sensitive sectors safeguarded in US trade deal: Piyush Goyal in Lok Sabha

Parliament Budget session: Piyush Goyal said that India protected sensitive sectors like agriculture and dairy in India-US trade deal, adding that labour-intensive sectors will benefit

Stock Market Close: Bulls rule D-St as Sensex zooms 2,073 pts; Nifty ends at 25,728 on India-US deal

Sensex Today | Stock Market Close Highlights, February 3, 2026: In the broader markets, the Nifty MidCap 100 and the SmallCap settled 2.84 per cent and 2.82 per cent higher, respectively

US tariff cut likely to benefit Indian auto component makers more than OEMs

Brokerages and industry bodies say easing US reciprocal tariffs to 18% will materially boost competitiveness and exports of Indian auto component makers, while gains for vehicle OEMs remain limited

India-US trade deal: What industry leaders say about market access, exports

India-US trade deal drew reactions from industry leaders, who welcomed the tariff cut, saying it will boost exports, create jobs, attract investment and support manufacturing growth

India's rice exporters hope to boost shipments to US after tariff cut

Exporters expect improved competitiveness and higher shipments to the US after the proposed reduction in American tariffs on Indian goods to 18 per cent from 50 per cent

From auto to chemicals: Key sectors to in focus post India-US trade pact

With the "hanging sword" of trade uncertainty finally removed, market participants are pivoting toward export-heavy sectors poised to benefit from India-US trade deal

Lupin, Biocon: Nifty Pharma gains 3% after US-India trade deal pact

According to Axis Securities, the reduction in reciprocal taxes is incrementally positive for Indian pharmaceutical companies, particularly those with significant exposure to the US market,

EEPC India welcomes US trade deal, sees boost to engineering exports

EEPC India on Monday welcomed the announcement of a trade deal with the US under which Washington will lower reciprocal tariff on Indian goods to 18 per cent from the current 25 per cent, and said it could significantly boost engineering shipments. "While the detailed contours of the agreement are yet to be made public, the Prime Minister's message clearly mentioned lower tariffs for Made in India products, which is very good news," Shah said, adding that the US remains India's largest trading partner. India and the US agreed on a trade deal under which Washington will bring down reciprocal tariff on Indian goods to 18 per cent from the current 25 per cent, US President Donald Trump said on Monday, after a phone conversation with Prime Minister Narendra Modi. The engineering sector, which contributes nearly one-fourth of India's total merchandise exports, is expected to be among the biggest beneficiaries of the trade deal. Shah said the anticipated tariff relief could result in ...

India, US agree to a trade deal; reciprocal tariff reduced to 18%: Trump

The announcement came after a phone call between Prime Minister Narendra Modi and Trump

India-US trade deal: What tariffs are India's export competitors paying?

India-US trade deal: A closer look at how American tariffs on Indian exports compare with those faced by key rivals such as China, Vietnam, Mexico, Bangladesh across major sectors

India-US trade deal: Timeline of negotiations, tariffs and turning points

After the US imposed 50 per cent tariffs, Prime Minister Narendra Modi said India would "never compromise" on the interests of farmers, livestock rearers and fishermen

India-US trade deal a win-win for citizens, industries, says Vaishnaw

Union Minister Ashwini Vaishnaw on Monday said the India-US trade agreement is a win-win deal which will benefit citizens and industries of both countries. Vaishnaw's remarks came soon after US President Donald Trump spoke to Prime Minister Narendra Modi and announced that India and the US have agreed on a trade deal. Under the agreed deal, Washington will bring down the reciprocal tariff on Indian goods to 18 per cent from the current 25 per cent. Trump said India will move forward to reduce "tariffs and non-tariff barriers" against the US to zero, adding New Delhi would buy American goods, including energy, worth more than USD 500 billion. In a post on X, Vaishnaw, the Union minister for information and broadcasting, said, "Trade deal between the US and India will lead to a brighter future for both countries." "India-US trade deal is a win-win deal. Citizens and industries of both countries will benefit greatly from this deal," he said. Terming the US and India as the world's ..

Stocks to Watch today: RIL, Policybazaar, Hyundai Motor, Paytm, Tata Power

Stocks to Watch today, Feb 3: Stocks from sectors influenced by Trump's tariff measures, including pharma, IT, textiles, jewellery, chemicals, and auto, are set to remain in focus on Tuesday

SEZ units get one-time domestic sales window in Budget amid 50% US tariffs

The Union Budget proposes a one-time measure allowing eligible SEZ manufacturing units to sell a portion of their output in the domestic market at concessional duty to offset US tariff shocks