Indian shares fell on Thursday, a day after additional 25% punitive U.S. tariffs on local imports took effect, with analysts warning of near-term pressure on markets.

President Trump focuses on the trade in manufactured goods, where India sells more to the U.S. than it buys. But the countries share a balanced trade in services.

The Indian stock market faced major losses on August 28 due to new US tariffs, with the Sensex dropping over 500 points. The overall market cap of BSE-listed firms fell by ₹2 lakh crore, exacerbating negative investor sentiment amid foreign capital outflows and weak earnings.

BBC correspondents visit export hubs across India to assess how steep US tariffs are impacting business owners.

SpaceX has launched its latest test of the mega rocket Starship. It included the first-ever deployment of a test payload into space.

Ravichandran Ashwin is keen to play in next year’s Hundred and become the first Indian cricketer to appear in the tournament.

The United States has doubled tariffs on Indian imports to as much as 50% as scheduled on Wednesday, hitting goods and produce as varied as garments, jewellery and shrimp.

A rumor that circulated online in August 2025 claimed retail giant Walmart fired an executive for taking $30,000 in daily kickbacks from an Indian staffing agency — essentially an alleged scheme shipping U.S. jobs to India.