New Delhi, Sept. 9 -- The global economy is experiencing another period of uncertainty due to high trade tariffs, mounting fiscal strains in developed markets, and signs of fragile capital flows. Yet, India's growth trajectory remains resilient, supported by domestic consumption and government spending, said SBI Capital Markets in a report on Tuesday.
The report, titled 'Tariffs are Made in the USA, but Resilience is Made in India', said the US's aggressive tariff regime has become a key flashpoint.
The legal standing of the tariffs, however, is unsettled: a US appeals court recently ruled them unconstitutional, prompting the administration to escalate the case to the Supreme Court, it said.
"The administration has escalated the case t...
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