Mumbai, Sept. 2 -- GIFT Nifty:

GIFT Nifty August 2025 futures were currently trading 7.50 points (or 0.03%) higher, suggesting that the Nifty 50 could open on a flat note today.

Trump Tariffs:

Activity on the domestic bourses will be in focus after U.S. President Donald Trump reportedly said that India had offered to reduce its tariffs on U.S. imports to zero.

"They have now offered to cut their Tariffs to nothing, but it's getting late. They should have done so years ago," U.S. President Donald Trump wrote on Truth Social. He added that the U.S.' relationship with India was "one sided", the report added.

Indian Economy:

India collected 1.86 trillion rupees ($21.26 billion) as goods and services tax in August, 6.5% higher than the s...