Mumbai, Aug. 5 -- GIFT Nifty:

GIFT Nifty August 2025 futures were currently trading 45.50 points (or 0.18%) higher, suggesting a flat to mildly positive opening for the Nifty 50 today.

Trump Tariffs:

U.S. President Donald Trump has announced his plans to significantly raise tariffs on Indian exports to the country.

"India is not only buying massive amounts of Russian Oil, they are then, for much of the Oil purchased, selling it on the Open Market for big profits," Trump reportedly wrote on a social media platform.

India said it was is being 'targeted' by the U.S. and the European Union over its imports of Russian oil after U.S. President Donald Trump in an overnight social media post threatened New Delhi with much steeper tariffs.

I...