New DelhiA few moments ago
- Copy link
The April-June quarter has a growth of 7.8%. It is estimated that the economy for FY 2026 will increase by 6.3% -6.8%.
India’s 50% tariff of US President Donald Trump may reduce India’s GDP to 0.50% (half percent) this year. This was said by V. Anant Nagswaran, Chief Economic Advisor of the country.
In an interview to Bloomberg TV, Nageswaran said,
I hope this extra tariff will not last long. In this financial year, the time this tariff remains, the GDP can have an impact from 0.5% to 0.6%. But if this tariff is pulled by next year, the effect will be bigger, which can pose a big threat to India.
Tax improvement will increase GDP by 0.2% -0.3%
- The April-June quarter has a growth of 7.8%. It is estimated that the economy for FY 2026 will increase by 6.3% -6.8%.
- There are recent consumption and direct tax cuts, as well as strong support for inflation, economy at an eight -year low. These steps will increase disposable income and expenses.
- Last week, an attempt has been made to increase demand due to reduction in Goods and Services Tax (GST) on things needed. It is estimated that this tax reform will increase GDP by 0.2% -0.3%.
- India will achieve the target of 4.4% fiscal deficit this year. Pay-out and asset sales received from the Reserve Bank will help to meet the lack of revenue.
50% tariff due to textile and jewelery sector
50% tariff has been implemented from 27 August on goods sent from India to America. According to the Global Trade Research Initiative (GTRI) report, this new tariff can affect India’s export of about ₹ 5.4 lakh crore.
50% tariffs will make Indian products like clothes sold in the US, James-Jewelry, Furniture, C Food expensive. This can reduce their demand by 70%.
Countries with low tariffs like China, Vietnam and Mexico will sell these goods at cheap prices. This will reduce Indian companies’ share in the US market.
,
Read this news too …
1. 50% US tariffs on India from today: Export of ₹ 5.4 lakh crore affected; Demand of jewelery and cages may decrease by 70%, crisis on jobs also
50% tariff has been implemented from 27 August on goods sent from India to America. According to the Global Trade Research Initiative (GTRI) report, this new tariff can affect India’s export of about ₹ 5.4 lakh crore.
50% tariffs will make Indian products like clothes sold in the US, James-Jewelry, Furniture, C Food expensive. This can reduce their demand by 70%.
Read full news …
2. Retail inflation came to an 8-year low: It was 1.55% in July, inflation declined due to cheap food items
Retail inflation has come down to 1.55% in July. This is 8 years 1 month low. Earlier in June 2017 it was 1.54%. In June 2025, retail inflation was 2.10%. While it was 2.82% in May 2025 and in April 2025 at 3.16%.
Retail inflation has decreased due to continuous softening in the prices of food items. Today i.e. on August 12, retail inflation figures have been released. The RBI aims to keep inflation within a range of 4% ± 2%. That is, this time inflation is below the RBI target.
Read full news …
