Chief Economic Advisor V Anantha Nageswaran on Friday said India’s economy is expected to grow between 6.3% and 6.8% in FY26, adding that high US tariffs are unlikely to cause any significant downside risks. He stressed that the tariff impact will be temporary and will not derail India’s growth momentum.Impact of high US tariffs to be short-lived, said CEA Nageswaran. …
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Fitch affirms India’s credit rating at ‘BBB-‘: Trump’s tariffs seen as ‘moderate’ risk; points to ‘robust growth & solid external finances’ – Times of India
India’s economic prospects remain favourable compared to peers. (AI image) India’s credit rating has been affirmed at ‘BBB-’ with a stable outlook by ratings agency Fitch. The confidence in India’s growth story comes as a booster shot at a time when India faces 50% tariffs from the US for its exports.According to Fitch, India’s ratings benefit from substantial growth and …
Read More »US tariffs not to hit India’s growth: S&P – Times of India
US tariffs not to hit India’s growth: S&P NEW DELHI: Trump tariffs will not have any impact on India’s growth, as it is not a trade-oriented economy, and its sovereign ratings outlook will continue to remain positive, S&P Global Ratings director YeeFarn Phua said.In May last year, S&P had upgraded the outlook on India’s sovereign rating of ‘BBB-‘ to positive, …
Read More »India-US trade: Merchandise exports to Washington up 16.9%; imports dip to $3.62 billion in May – Times of India
India’s merchandise exports to the United States grew by 16.93% year-on-year in May, reaching $8.83 billion. Imports from the US, on the contrary, dipped 5.76% to $3.62 billion, according to data released by the commerce ministry.The upward trend continued into the April–May period, with exports to the US climbing 21.78% to $17.25 billion. Imports during the same period, however, rose …
Read More »FPIs pull out Rs 10.4k crore in 4 trading sessions – The Times of India
New Delhi: Foreign investors withdrew Rs 10,355 crore from the country’s equity markets in the last four trading sessions this month due to sweeping tariffs imposed by the US on most nations, including India.The outflow occurred after a net investment of Rs 30,927 crore in the six trading sessions from March 21 to March 28. Source link
Read More »India performing better than other countries post-US tariffs: NSE CEO – The Times of India
NSE Managing Director and CEO Ashish Kumar Chauhan National Stock Exchange (NSE) Managing Director and CEO Ashish Kumar Chauhan stated on Sunday that despite the ongoing global uncertainty following the imposition of reciprocal tariffs by the US, India is performing better than other countries. He mentioned that a clearer picture will emerge in the coming weeks as negotiations unfold and …
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