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The Economic Times

Business / The Economic Times

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'US tariff cut may lift GDP by 20-30 bps', say economists

India's economy is set for a boost as the US lowers tariffs on Indian goods. This move is expected to increase India's GDP by 20-30 basis points next fiscal year. Key sectors like gems and jewellery, textiles, and marine products will see improved exports. The rupee is also likely to stabilize with increased foreign investment.

4 Feb 2026 12:59 am