India-US trade deal: Donald Trump announces 25% tariff on India, plus penalty for buying energy and arms from Russia

India-US trade deal

India-US trade deal: US president Donald Trump on Wednesday announced that India will have to pay 25 per cent tariff from August 1. Trump also said that India will have to pay an additional penalty for buying energy and arms from Russia. The 25% tariff rate announced for India is 1% less than the 26% declared by Trump in his April 2 ‘Liberation Day’ conference.

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GNG Electronics IPO allotment status likely to be finalised today – Check step by step (2025)

JP Power Shares

GNG Electronics IPO Allotment Latest News Today (July 28): The initial public offering (IPO) of GNG Electronics Ltd, a laptop refurbishing company, received an overwhelming response from investors during its subscription window from July 23 to 25. With the subscription period now closed, all eyes are on the IPO allotment, which is expected to take place today, July 28, 2025 (Monday).

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