India’s GDP surged by 7.8% in the April-June quarter, exceeding expectations and marking the fastest growth in five quarters, driven by robust farm output, private spending, and a thriving services sector. Despite this strong performance, looming US tariffs threaten India’s export engine and could potentially dampen future growth, impacting employment and private investment.

The US imposed 50% tariffs on Indian imports, straining ties between the two countries. India has reaffirmed its commitment to protect its interests.

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