Trump tariffs: Prolonged 50% duty could cut India’s growth by up to 0.8%; next round of trade talks ‘important’, says Morgan Stanley

Trump tariffs could hit India’s economic growth (AI image) India’s economic growth could face a sharp slowdown if the 50 per cent tariffs imposed by US President Donald Trump remain in place for an extended period, according to Morgan Stanley. The impact could range between 0.4 per cent and 0.8 per cent, the bank said…

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MSCI to add four Indian firms to Global Standard index: Swiggy, Vishal Mega Mart among new entrants; $1 billion inflows expected

MSCI has announced the inclusion of four Indian companies in its Global Standard index, a move expected to draw a combined $1 billion in passive inflows. The new constituents are Vishal Mega Mart, Swiggy, Hitachi Energy India, and Waaree Energies, while Sona BLW and Thermax will be removed, the index provider said in a statement…

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Stock market today: Nifty50 opens in red; BSE Sensex down over 120 points as Donald Trump’s tariffs hit sentiment

Market experts anticipate sideways trading, influenced by US-Russia diplomatic negotiations, India’s stance on US tariffs and corporate earnings trends. Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Friday as Donald Trump’s 50% tariffs on India and its likely impact on exports and economy hit sentiment. While Nifty50…

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Foreign investments flood Asia: $25.7 billion flows to Taiwan, South Korea; Thailand snaps 9-month losing streak

Foreign investors returned to Asian equities in July for the third month in a row, with Taiwan attracting its biggest inflow in nearly two decades and Thailand breaking a nine-month streak of outflows. The upbeat momentum was fuelled by growing interest in artificial intelligence, improved trade ties with the United States, and easing tariff concerns.Investment…

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IT sector may be hit amid AI shift, slower spending

Bengaluru: As AI-driven efficiency gains increasingly impact deal wins, triggering steeper rate cuts, the 25% additional tariffs imposed by US President Donald Trump pose a double whammy to India’s IT sector. Even as the sector anticipated greater trade clarity by Aug-a development expected to boost US consumer spending-the announcement of an additional 25% tariff now…

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Banks to pay for delayed payouts to kin

MUMBAI: RBI has taken a major step to ensure that grieving families immediately get access to funds and valuables of their deceased relatives. Effective Jan 1, 2026, banks that fail to settle claims related to deceased customers within 15 days of receiving complete documentation must pay up. For delayed payouts on deposits, banks will owe…

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