India to see uptick in imported inflation
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India's economy faces challenges due to Donald Trump's second presidency; imported inflation expected to rise as rupee weakens; foreign portfolio inflows may slow; RBI projects CPI inflation to reduce to 4.5% in FY25; GDP growth for FY25 estimated at 6.7-6.8%; Trump proposes 10% universal tariff, impacting Indian exports; IT stocks rallied with Nifty IT index up over 3%; analysts predict merchandise exports growth at 3-4% in FY25; potential benefits for sectors like defense and manufacturing; Bloomberg estimates GDP could be 0.1% lower by 2028 due to tariffs; need for manufacturing subsidies and lower import tariffs to mitigate effects.

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https://www.financialexpress.com/policy/economy-india-to-see-uptick-in-imported-inflation-3658270/