Trend India Macro Indicators - Latest news, views and updates

TREND | 06 Apr 2025

US Tariffs raise recession risk, Fed's ability to lower rates in US: Fitch Ratings

Business Line

Higher prices will squeeze real wages, weighing on consumer spending, while lower profits and policy uncertainty will act as a drag on business investment'

India Macro Indicators

TREND | 06 Apr 2025

Portfolio newsletter for Apr 6

Business Line

The Trump administration tariff announcements have proved to be worse than markets expected. Rather than take the trouble to calculate actual reciprocal tariffs, the US has taken the short-cut of pegging tariffs to the trade deficit that each nation runs with India. While the 26% tariff on India (against much higher numbers for our Asian neighbors) and the exemption for services and pharma products looked like concessions on the face of it, it would pay not to get optimistic at this point. There are clearly plans to tinker further with tariffs based on bilateral negotiations, exempted items too could easily get revisited. Initial economist estimates suggest this could shave 0.5-0.7% off India's 6.5-6.7% GDP growth expected this fiscal. More worrying for stock investors is what tariffs and trade wars could do to earnings growth for sectors such as IT, metals, energy, automobiles, capital goods etc which make up a big chunk of the listed universe. This suggests that there may be no hurry to bottom-fish in the market.

India Macro Indicators

TREND | 06 Apr 2025

US Inflation Is Set To Give Hints Of Trump Tariff Pain To Come

NDTV Profit

Economists will pay close attention to goods inflation in March to see how quickly higher US tariffs on Chinese merchandise fed through to American consumers.

India Macro Indicators

TREND | 05 Apr 2025

One Nation One Election will lead to 1.5% increase in GDP: FM Nirmala Sitharaman

Business Line

ONOE will lead to a 1.5 per cent increase in GDP or nearly 4.5 lakh crore'

JPMorgan says Trump's tariffs to send US into recession in 2025

Business Line | 05 Apr 2025 1 more

India Macro Indicators

TREND | 04 Apr 2025

Powell Signals Fed Would Respond To Persistent Inflation Shock

NDTV Profit

Powell's tone was more cautious than his March 19 press conference when he said the inflationary impact of tariffs was expected to be transitory.

India Macro Indicators

TREND | 04 Apr 2025

Donald Trump Pressures Fed Chair Powell To Slash Rates

NDTV Profit

This would be a PERFECT time for Fed Chairman Jerome Powell to cut Interest Rates. He is always late,' but he could now change his image, and quickly (sic), Trump posted.

India Macro Indicators

TREND | 04 Apr 2025

S&P to review all global forecasts in wake of Trump's tariff shock

Business Standard

The impact on US GDP will depend on the level of retaliation from its trading partners and how the tariff revenues get used, especially if they fund tax cuts, S&P said

GDP per capita at $5k: Zerodha's Nikhil Kamath questions if delivery wages will derail quick commerce dreams

Business Today | 04 Apr 2025 9 more

India Macro Indicators

TREND | 03 Apr 2025

Fitch cuts China credit rating on debt risks amid trade tensions

Business Standard

The downgrade came a day after President Donald Trump imposed sweeping tariffs on imports from US trading partners, with China among the hardest-hit

Fitch Cuts China Rating Over Weakening Finances, Debt Concerns

NDTV Profit | 03 Apr 2025 1 more

India Macro Indicators

TREND | 03 Apr 2025, 04:43PM

US reciprocal tariff may erode India's GDP by up to 50 bps, say experts

Business Standard

The reciprocal tariff announced by the Trump administration can shave off India's GDP growth rate by up to 50 basis points to 6 per cent and the country's exports to the US could fall by 2-3 percentage points in the current fiscal, experts said on Thursday. EY Chief Policy Advisor D K Srivastava said, "the maximum adverse impact on India's GDP growth will not be higher than 50 basis points. As per our earlier projection, the GDP growth estimate for current fiscal was 6.5 per cent, which may go down to 6 per cent without retaliation". Standard Chartered Bank Head - India, Economics Research, Anubhuti Sahay said an effective 20 per cent tariff increase on Indian exports to the US ( after considering the exempted goods) in our view is likely to adversely impact India's GDP by 35-40 bps, ceteris paribus. "However, the final impact would depend on the trade deal agreement between India and the US along with how each country negotiates/ retaliates on the proposed tariffs," Sahay said. Sh

Tech sector crucial for India's $7 trn economy goal by 2030: Nasscom Prez

Business Standard | 03 Apr 2025, 03:50PM

India Macro Indicators

TREND | 03 Apr 2025, 12:56PM

Post office SCSS interest rate unchanged at 8.2% for April-June quarter

Business Standard

Interest rate of savings plans for senior citizens kept at 8.2% per annum, as it has been since April 2024

Personal Loan Interest Rates In April 2025: Check Deals From Top Banks

NDTV Profit | 02 Apr 2025, 09:50PM