India–US trade deal sparks market rerating

1 day ago

The landmark agreement between New Delhi and Washington cuts tariffs, stabilises the rupee and removes key overhangs for Indian equities.

India–US trade deal sparks market rerating

A newly announced India–US trade deal marks a decisive turning point for markets. Tariffs have been cut to 18% from 25%, the punitive levy on Russian oil has been scrapped and India has committed to lowering tariffs on US goods, with some categories moving towards zero levies.

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