Trump’s reciprocal tariffs: India braces for economic ripples
Beyond trade, the move could disrupt currency markets, capital flows, and corporate strategies worldwide. While India faces fresh challenges, the shift may also create unexpected opportunities in an evolving global trade landscape. Read this | Trump’s tariff strike: India hit with 26% duty as trade war escalates The tariffs provide India with greater clarity on sectoral impacts and corporate cash flows. However, Indian businesses must now shift focus from cost competitiveness to innovation, said Sachchidanand Shukla, group chief economist at Larsen & Toubro. "The INR (Indian Rupee) could remain under...