Finance Minister Nirmala Sitharaman convened an inter-ministerial meeting to discuss potential support for Indian exporters facing new 50% US tariffs. The tariffs, impacting sectors like textiles and chemicals, threaten India’s competitiveness against nations with lower duties. Sitharaman assured exporters of the government’s commitment to addressing their concerns and exploring measures to protect their interests. Post navigation No ‘dead economy’? India may surpass US as 2nd largest economy in PPP by 2038 – despite Trump tariffs US tariffs: GST reform could soften the tariff blow; BMI GDP growth outlook, lowering forecasts to 5.8% for FY2025-26
