💨 Abstract

The CRISIL report suggests that while Donald Trump's proposed tariff hikes may threaten India's exports, a surplus in services trade and robust remittances could offer some comfort, helping maintain a safe current account balance. The report indicates a mixed performance in the export sector, with growth in merchandise exports during the first quarter, followed by a contraction in the second quarter, but a rebound in October at 17.3%

Courtesy: theprint.in

Summarized by Einstein Beta 🤖