Donald Trump tariffs to dent India’s GDP growth? Up to 30 basis points dip possible, say experts; expected trade deal could soften blow
Experts caution that the new 25% US tariff on Indian goods, coupled with potential penalties for trade with Russia, could hinder India’s GDP growth and exports. Key sectors like pharmaceuticals and textiles face challenges, potentially lowering GDP by 30 basis points. Analysts hope for a trade agreement to mitigate the impact, leveraging India’s strong domestic demand.🕒 1 min read
Experts caution that the new 25% US tariff on Indian goods, coupled with potential penalties for trade with Russia, could hinder India’s GDP growth and exports. Key sectors like pharmaceuticals and textiles face challenges, potentially lowering GDP by 30 basis points. Analysts hope for a trade agreement to mitigate the impact, leveraging India’s strong domestic demand.
Continue Reading
-
“If They Had Told Us Some Years Ago…”: Ex Air Chief On Defence Delivery Delay
- High-Protein Breakfast Recipe: Try This Paneer Omelette For An Extra Kick Of Taste And Health
-
“Delivery Agents Don’t Have Timer”: Zomato CEO Explains 10-Minute Model
- JoSAA Counselling 2026 Registration Starts At 5 PM Today; Check Full Schedule
- Govt gives 30-day relief to gems, jewellery exporters amid Middle East disruptions; shipment delays prompt easing
-
“Italians Are Crying Right Now,” Internet Reacts To Pizza Vending Machine In Japan
- Maharashtra FDA Shuts JJ Mahanagar Blood Bank Over Safety Violations
- Yellow alert for MMR till July 2; heavier spell likely
-
“Take Care Of Your Own Soldiers”: Iran On Trump’s ‘Locked And Loaded’ Threat
-
Sunil Gavaskar Gives Big “Rohit Sharma” Warning To Other Teams As MI Beat LSG
