Calsen Financials

DEFENCE MINISTER SAYS

We are making one more new effort to develop an indigenous aero-engine within the country

I am pleased to inform you that our preparations in this regard are almost complete

Work on it will start appearing at the ground level soon

India's GDP growth: 7.8% (vs 6.5% YoY) – highest in 5 quarters

GVA growth: 7.6% (vs 6.5% YoY)

Agriculture: 3.7% (vs 1.5% YoY)

Mining: -3.1% (vs 6.6% YoY)

Manufacturing: 7.7% (vs 7.6% YoY)

Construction: 7.6% (vs 10.1% YoY)

Services: 9.3% (vs 6.8% YoY)

Private consumption: 7.0% (vs 8.3% YoY)

Industry overall: 6.3% (vs 8.5% YoY)

Govt. consumption expenditure: 7.4% (vs -0.3% YoY)

US Imposes 25% Additional Duty on Indian Products from Aug 27 — Key Sectors Exempted

📅 Effective Aug 27, 2025 (9:31 AM IST), US to levy 25% ad valorem duty on Indian imports.

🚫 Exemptions granted:

🏭 Steel & iron products

🏗️ Derivative steel & aluminium products

🪙 Aluminium & copper (semi-finished)

🚗 Passenger vehicles, SUVs, minivans & light trucks

🔧 Auto parts & components

💊 Pharmaceutical products (select categories)