In Just One Day.. India’s Two-Year Budget Wiped Out!

If we set aside debt, India’s annual budget is approximately Rs 32 lakh crore. However, the wealth that vanished from U.S. stock markets on Monday alone amounts to a staggering Rs 65 lakh crore! The Nasdaq witnessed its worst crash in the last three years, with major American tech giants suffering severe losses.

Tech giants like Apple, Microsoft, Tesla, Alphabet (Google), Amazon, and Meta—the names that define America’s global dominance—saw their market valuations plunge drastically. The combined market loss of these six companies alone was a mind-boggling Rs  65 lakh crore, which is equivalent to India’s two-year annual budget!

Company-Wise Losses:

Apple took the hardest hit, losing nearly Rs 15 lakh crore in market value.

Tesla suffered a $130 billion loss, a 15% drop in its stock price, marking its biggest setback in recent years.

Microsoft and Alphabet (Google’s parent company) both saw their market caps shrink by $100 billion each.

Amazon lost $50 billion, while Meta suffered a $70 billion loss.

Why Did This Massive Stock Market Crash Happen?

Market analysts point to Trump’s proposed import tariffs as the primary reason for this historic collapse. Since these tech companies rely heavily on imports, fears over rising costs and trade restrictions triggered a massive sell-off among investors.

Just last week, Trump announced a $100 billion investment by a Taiwanese semiconductor company to set up a manufacturing industry in the U.S.. At the same time, he has been aggressively imposing tariffs on foreign imports. The consequences of these protectionist policies are now hitting America’s own tech giants, raising concerns about whether this crash is temporary or if Trump’s economic policies will permanently impact U.S. tech dominance.