Despite recent tariffs imposed by the US, a new analysis by EY projects India may overtake the US as the world’s second-largest economy in PPP terms by 2038. This growth is fueled by India’s dynamic economy, which is outpacing major global economies. While tariffs may slightly impact India’s GDP, strategic measures could mitigate the effects. Post navigation US tariffs hit Dalal Street: Investors lose Rs 9 lakh cr in 2 sessions; Sensex dips over 1,500 pts US tariffs: FM Sitharaman holds inter-ministerial meet; explores measures to shield exporters