Indian stock market defies US tariffs, settles slightly lower

IANS | July 31, 2025 4:08 PM

Mumbai, July 31 (IANS) The Indian stock market settled slightly down after a highly volatile session on Thursday. The domestic indices showed resilience, averting a big crash post US tariff imposition on India, driven by buying interest in FMCG stocks.

Pakistan’s meagre oil reserves don’t match Trump’s ‘massive’ claim

IANS | July 31, 2025 1:37 PM

New Delhi, July 31 (IANS) Even as US President Donald Trump said in a social media post that the US has signed a deal to develop and explore “massive oil reserves” in Pakistan, the ground reality is that the neighbouring nation has very limited oil and gas reserves and meets 85 per cent of its requirement through imports.