Tag: row
India higher off than others in tariff row
Context: World Tariff Warfare Affect The U.S., below President Trump, has intensified tariff measures, triggering a international commerce conflict. These developments have international macroeconomic implications, prompting central banks to reassess development projections. Relevance : GS 3(Economic system ,World Commerce) RBI’s Response & Development Revision RBI revised India’s GDP development projection for FY25 down by 20 foundation factors, from 6.7% to six.5%.