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INDIA: Country Wrap:  Tariff Headlines Dominate 

INDIA
IndiaEM BulletBulletAPACEmerging Market News
  • The ‘big one’ is coming! Trump suspends tariffs but gives big hints for India (source: Financial Express India)
  • Indian government and companies are collaborating urgently to mitigate the impact of US President Trump's tariff threats by potentially reducing tariffs on US imports. Commerce Minister Piyush Goyal leads a delegation in Washington for Bilateral Trade Agreement talks, while sectors like electronics, auto components, and pharmaceuticals explore alternatives to ensure trade continuity with the US. (source: India Economic Times)
  • India’s NIFTY 50 has had three successive days of gains and following yesterday's rise of +0.93%, is up +0.18% in early trading.
  • INR:  the rupee has opened marginally weaker, down -0.09% at 87.19.
  • Bonds: bond volatility this week in global markets has skipped India with the 10YR rock solid at 6.68%, (-4bps for the week). 
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  • The ‘big one’ is coming! Trump suspends tariffs but gives big hints for India (source: Financial Express India)
  • Indian government and companies are collaborating urgently to mitigate the impact of US President Trump's tariff threats by potentially reducing tariffs on US imports. Commerce Minister Piyush Goyal leads a delegation in Washington for Bilateral Trade Agreement talks, while sectors like electronics, auto components, and pharmaceuticals explore alternatives to ensure trade continuity with the US. (source: India Economic Times)
  • India’s NIFTY 50 has had three successive days of gains and following yesterday's rise of +0.93%, is up +0.18% in early trading.
  • INR:  the rupee has opened marginally weaker, down -0.09% at 87.19.
  • Bonds: bond volatility this week in global markets has skipped India with the 10YR rock solid at 6.68%, (-4bps for the week).