The US Federal Reserve's latest 25-basis-point rate cut has set the stage for a complex global monetary backdrop, but its implications for India are expected to be relatively stable, according to analysis from YES Bank's Economics Research team.
An uptick in non-oil non-gold imports is likely in the coming months as domestic demand expands, at a time when exports could weaken due to mounting tariff pressures.
New Delhi [India], March 2 (ANI): India's merchandise exports in February totalled 27.67 billion dollars, down 0.25 per cent from 27.74 billion dollars in the year-ago period, official data showed on Tuesday.