Renowned economist and Columbia University Professor Jeffrey Sachs has strongly criticised the United States administration's tariffs, terming them as pressure tactic on India.
Economists and market experts have welcomed S&P Global Ratings' decision to upgrade India's sovereign credit rating from BBB- to BBB, terming it a recognition of the country's strong fundamentals, sound fiscal management, and growing global economic clout.
Foreign capital inflows into India are likely to accelerate following S&P's recent credit rating upgrade, which is also expected to lower borrowing costs for the country, said Sonal Badhan, Economist at Bank of Baroda (BoB).
Despite the fresh headwinds from elevated U.S. tariffs, India's strong domestic economic fundamentals are expected to support foreign direct investments (FDI) in the country, according to Sonal Badhan, Economics Specialist at Bank of Baroda.
US President Donald Trump has imposed an additional 25 per cent tariff on imports from India, as per the economists and experts the move could dent the India's GDP growth in FY26 by 0.4 per cent.
Industry leaders and economists have expressed confidence in the growth of Tamil Nadu which achieved double digit economic growth and said that the state could exceed 12 per cent in the coming year if it sustains this momentum the current economic momentum.
The Reserve Bank of India (RBI) is likely to keep the terminal rate at 5.5 per cent for some time in the near-term, asserted Bank of Baroda Economist Jahnavi Prabhakar, citing the central bank's guidance that future actions will be data dependent and on basis of ongoing development on extern
As the Reserve Bank of India's Monetary Policy Committee keeps the policy rates unchanged on Wednesday, Economists have largely welcomed the decision to hold the policy repo rate steady, viewing it as a balanced approach.
US President Donald Trump defended firing BLS head Erika McEntarfer after a weak jobs report, accusing her of past data manipulation. The move sparked strong criticism from Democrats and economists, who warned it could undermine trust in official labor statistics, according to The Hill.
India's reliance on domestic consumption rather than exports is a key strength in navigating the recently imposed reciprocal tariff, said Madan Sabnavis, Chief Economist at Bank of Baroda.