Indian export-oriented stocks fell sharply after Trump announced a 50% tariff on Indian goods like textiles, jewellery, shrimp, and chemicals. Analysts warn of sector-specific pain and stalling investments as trade tensions rise.
Oil Price Today (August 26): Crude oil tanks 6% in two days to hover near $85. What’s behind the decline?
Brent crude futures were down $2.35, or 2.65%, at $86 a barrel, while U.S. West Texas Intermediate crude futures fell $1.94, or 2.36%, to $80.42.