India, Aug. 1 -- Amid swirling social media rumours, the Indian government fact-check unit debunked claims that a financial emergency had been declared in the country following US President Donald Trump's announcement of a 25% tariff on Indian goods.
According to the PIB Fact Check, the false claim, which was amplified by a Pakistani propaganda account, suggested that India had entered a state of financial emergency after its markets reportedly lost $60 billion in value following Trump's tariff announcement.
On Friday, the Indian government confirmed that this information was entirely baseless and fabricated.
A social media post, widely shared by several non-official accounts, alleged that India had declared a financial emergency due t...
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