The global trade landscape has been significantly altered by U.S. President Donald Trump's recent decision to impose a 50% tariff on Indian exports
U.S. President Donald Trump has signaled readiness to escalate sanctions against Russia, particularly targeting nations, including India, that continue to purchase Russian oil. This move marks a significant shift in U.S. foreign policy and has potential ramifications for India's economy.
Last week, Indian benchmarks remained largely range-bound. The Nifty ended marginally higher by ~6.7 points at 24,741 — securing a weekly gain of about 1% — while the Sensex slipped slightly to 80,710.76.
The U.S. labor softness strengthens speculation that the Fed will initiate rate cuts starting mid-September—reportedly planning two or three cuts this year.
On September 5, 2025, Indian Oil Corporation (IOC), the nation’s top state refiner, discontinued its purchase of U.S. crude oil in its latest tender.
For the fiscal year ending March 2025, Apple’s sales in India surged to a record $9 billion—a 13 % leap from the prior year’s $8 billion. iPhones were the primary driver, with MacBook demand also climbing strongly. This momentum comes amid a plateauing global device market and uncertainties in China.
On September 4, 2025, ADP reported only 54,000 net private-sector jobs added in August—well below the ~73,000 forecast.
On September 4, 2025, India witnessed a landmark reform as the GST Council, under Finance Minister Nirmala Sitharaman, completed what Prime Minister Modi had promised on Independence Day: a sweeping overhaul of the GST regime with an estimated fiscal impact of ₹48,000 crore.
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