Indian pharma companies like CDMOs (Contract Development and Manufacturing Organizations) will not see major disruptions from the proposed US tariffs of 10-25 per cent, according to a report by B&K Securities.
The Indian chemical industry is set to gain from the United States recent decision to impose strict tariffs on China, Canada, and Mexico, according to a report by Prabhudas Lilladher.
Union Finance and corporate Minister Nirmala Sitharaman on Thursday said that the impact of the US tariffs will be felt on India, adding that Union Minister Piyush Goyal is going to America and holding talks with the government there.
India's real gross domestic product (GDP) growth would be steady at 6.5 per cent in fiscal 2026 despite uncertainties stemming from geopolitical turns and trade-related issues led by US tariff actions, said Crisil Intelligence on Thursday.
Canadian Prime Minister Justin Trudeau on Monday (local time) announced that retaliatory tariffs on US goods will go into force at midnight on Tuesday if the US tariffs on Canadian imports take effect.
In the first week of February, Trump announced 25 per cent tariffs on imports from Canada and Mexico and an additional 10 per cent on goods from China. Later on February 4, he paused tariffs on imports from Canada and Mexico for 30 days, saying that he had secured new commitments from the
In absence of major domestic events next week starting from Monday, the investors in the Indian stock markets will watch trends of foreign sellings, developments around the US tariffs, geopolitical risks, and upcoming Purchasing Managers' Index (PMI) releases.
Canadian Prime Minister Justin Trudeau on Friday issued a warning regarding the potential imposition of tariffs by the United States, stating that "Canada will have an immediate and extremely strong response."
The Indian stock markets are expected to closely monitor foreign institutional investor (FII) flows, sectoral insights from auto sales data, banking performance, updates on US tariff policies, and US PCE inflation data, as these factors could influence expectations regarding the US Fed's rat