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Finance Secretary Ajay Seth stated on Wednesday that US tariffs could directly shave 0.2 to 0.5 percentage points off India’s GDP growth. He added that the broader, second-order impact stemming from a ...
"Now there is a sign of that…we grow about 6.5% in the current year," said Seth, speaking at a Hudson Institute event on the ...
Sitharaman said trade talks with the US are progressing steadily, with both sides working to resolve outstanding issues and ...
India is “actively engaging” with the new administration in the United States of America and hopes to conclude the first ...
Rating agency Moody’s has revised India's GDP growth forecast to 6.1% in 2025 from its March estimate of 6.4% as the threat ...
International agencies have revised India's growth forecasts for the current fiscal year downwards, citing global ...
Energy commodities, metals, and autos, where India runs a trade deficit with the US, are less at risk since higher tariffs on these items would hurt American ... % of India’s GDP in 2015 ...
India also dropped its 6% digital services tax, a long-standing issue for American companies of all ... represent less than 10% of the world’s GDP outside the United States, in recent years ...
The report criticizes Trump’s tariff reversals, such as temporary exemptions on electronics and new investigations into ...
Finance Secretary Ajay Seth warns Trump's tariffs could reduce India's GDP growth by 0.2%-0.5%, aiming for 7% growth over the ...