💨 Abstract

Indian equity indices fell on April 9, 2023, in line with Asian markets, due to escalating trade tensions as the US imposed 104% tariffs on Chinese imports. This followed Beijing's 34% duties on US goods. The RBI also cut the key interest rate by 25 basis points to support the economy affected by these tariffs.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖