India, Trump and 25 percent tariff
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By Pranoy Krishna and Vivek Mishra BENGALURU (Reuters) -Pressured by U.S. tariffs and foreign investor outflows, India's stock markets will manage to eke out only modest gains by year-end, according to a Reuters poll of equity analysts who have pushed back their forecast for a new record high to 2026.
Diamonds are a girl’s best friend and real friendship means unwavering loyalty, even in the face of astronomical levies. President Trump’s declaration of a 50% tariff on India, the world’s largest gemstone exporter,
Economist Jeffrey Sachs torched Senator Lindsey Graham on Breaking Points, branding him “the worst senator in the US Senate” and “just a fool,” while slamming Trump-era tariffs on India as “the stupidest tactical move of US foreign policy for a long time.”
India's monetary policy committee members flagged evolving risks from global trade tensions and tariffs as a key drag on growth but said the economy remains resilient with the inflation outlook benign,
India on Wednesday test-fired an intermediate-range ballistic missile capable of carrying multiple nuclear warheads, a government statement said, in an apparent show of strength ahead of a threatened US tariff increase.