He pointed out that India’s exports account for about 12 per cent of gross domestic product (GDP), and the country’s exposure to the US market is less than 2 per cent.
The policy stance was also changed to ‘accommodative’.“First and foremost, uncertainty dampens growth by affecting investment and spending decisions of businesses and households.
At the same time, he noted that from India’s perspective, the impact of these tariffs is relatively limited compared to other countries.
The story "Tariffs to hit growth, but India may dodge the worst: Guv Malhotra" has 523 words across 19 sentences, which will take approximately 3 - 5 minutes for the average person to read.
Which news outlet covered this story?
The story "Tariffs to hit growth, but India may dodge the worst: Guv Malhotra" was covered 1 weeks ago by Business Standard, a news publisher based in India.
How trustworthy is 'Business Standard' news outlet?
Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news.
The outlet is headquartered in India and publishes an average of 160 news stories per day.
It's most recent story was published 2 hours ago.
What do people currently think of this news story?
The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.
How do I report this news for inaccuracy?
You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
