The US administration has announced a 10% minimum tariff rate on various countries, with particularly high rates on Asian and European nations. Reciprocal tariffs equivalent to ~50% of the combined estimated rate of US export barriers have been imposed. India faces 27% tariffs, while China confronts 34%, potentially sparking a global trade war and economic growth concerns.
FPI outflows at Rs 1 lakh crore in 2025 so far; Rs 555 crore pulled out in July alone
Foreign Portfolio Investors have exhibited a selling trend in Indian equities, with outflows of Rs 555 crore in July, marking a reversal after three months