đź’¨ Abstract
The CareEdge Ratings report predicts India's direct export loss due to US tariffs to be minimal, around 0.1% of the country's GDP. However, the broader impact of global trade tensions could be significant, affecting exports, investment, consumption sentiment, and currency. The report identifies potential volatility in foreign portfolio investment (FPI) flows as a key risk, which may put pressure on the Indian rupee.
Courtesy: theprint.in
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