Indian markets feel the chill in Trump-Modi ties sans bear-hugging bonhomie
- Posted on February 17, 2025
- By Business News Today
- 9 Views
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Indian markets feel the chill in Trump-Modi ties sans bear-hugging bonhomie
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Narendra Modi met with Donald Trump, bringing trade concessions but facing reciprocal tariffs that will significantly impact India's top exports. Modi's efforts to negotiate a trade deal might involve more concessions, while India's currency and stock market could suffer due to capital outflows and lower dollar returns.