What will happen to economy if India-US FTA doesn't happen? RBI Governor reveals

India's economy may face negative consequences if a trade deal with the US fails to materialize. This is according to RBI Governor Malhotra, who notes that the impact would depend on the extent of tariffs applied. The absence of a trade deal could lead to increased trade barriers, making it more difficult for Indian businesses to export goods to the US. This could have a ripple effect on the overall economy, potentially slowing down growth.

Why it matters

The absence of a free trade agreement may lead to higher tariffs, affecting Indian exports and economy. The RBI Governor's statement suggests a negative impact, although the extent is uncertain.

Market impact

Markets & countries in focus

Transmission channels

Likely winners & losers

Explore the intelligence

MeridStreet does not reproduce source articles. The summary and analysis above are generated by MeridStreet from public headlines and its own market model; the original reporting belongs to Economic Times. For information only — not financial advice.