India weighs fiscal, monetary moves to cushion tariff blow

The United States is India’s largest export market, accounting for nearly 19 percent of total outbound trade and a bilateral surplus exceeding $40 billion.

R Suryamurthy•Jul 31, 2025 02:37 AM• 8 views

FILE PHOTO: U.S. President Donald Trump and Indian Prime Minister Narendra Modi shake hands, at the White House in Washington, D.C., U.S., February 13, 2025.

Credit: REUTERS/Kevin Lamarque/File Photo

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R Suryamurthy

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Journalist for over three decades, having worked in newsrooms of leading publications, such as The Telegraph, The Tribune, and PTI. I have covered a wide spectrum of subjects, including economics, energy, trade, automobiles, civil aviation, politics, and social issues.

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