
US tariffs to hit India’s GDP development, immediate extra fee cuts, ETCFO
By Ira Dugal MUMBAI – India’s financial development might gradual by 20-40 foundation factors within the ongoing monetary yr because of the newest U.S. tariffs, which might immediate deeper rate of interest cuts by the central financial institution, analysts stated. U.S. President Donald Trump on Wednesday slapped a 26% reciprocal tariff on India, threatening the…