India’s tariff truce with the US may add enough to cover its education budget
There’s a sharp increase in India’s growth estimate post the tariff reduction. This has implications for the rupee, and by extension, to the monetary policy review due to start tomorrow.
The reduction in US tariffs on Indian exports to 18% from 50% may boost economic growth sharply in the next financial year, ending March 2027, said the country’s Chief Economic Advisor, V. Anantha Nageswaran.
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