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▼ Bearish for Indian equities
Trade deals that undermine multilateralism may hit growth and exports, govt economists warn
The brief
- Government economists warned trade deals that undermine multilateralism may hurt growth and exports
- The Department of Economic Affairs said India pursues a diversified trade strategy within the multilateral framework
- Trade-policy uncertainty matters to Indian exporters across manufacturing and services
- India steps up palm oil buying after import-duty cut spurs restocking
- Pulses import duties may ease over poor rains
- India's sunflower oil imports seen up 30% on duty cut, industry official says
- Govt may hike outlay under two key tax refund schemes for exporters to ₹2 trillion over five years
- Retail trade, banking lead as 10 services sub-sectors clock double digits in July