New Delhi, April 15 -- US President Donald Trump's 90-day pause on additional tariffs for most countries, barring China, is a temporary breather. But there is a rising chorus among global equity market participants about a US tariff-led global recession.

Renowned hedge fund manager and billionaire Ray Dalio warns of something worse than recession if the tariff situation is not handled well. India is a more domestically focused economy than many Asian peers that are feared to bear a significant brunt of the trade disruption even as micro-level repercussions remain a focal point for the country.

With recession concerns feared to dent global business confidence, is India Inc. better placed now than in the previous crisis? From India's own ...