RBI warns of rising tariff era; says resilient trade ties vital for...

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RBI warns of rising tariff era; says resilient trade ties vital for India’s global play

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Amid global uncertainties, the RBI emphasizes India's strategic opportunity to strengthen trade ties, particularly with the upcoming UK FTA. Domestic economic activity remains steady, supported by a good kharif crop and strong services momentum. Headline retail inflation stays below 4%, while the external sector remains stable with ample forex reserves.

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