Veritas Finance delays ₹2,800-crore IPO as US tariffs sour sentiment for MSMEs
An increased 50 percent tariff on Indian exports to the US, which includes a 25 percent “penalty” for buying Russian oil, came into effect at 9.31 am on August 27. The Russia levy is on top of the 25 percent so-called reciprocal tariff that kicked in earlier this month. Sources said the non-banking finance company was