India’s average Customs tariff has reduced to 10.66% from 11.65%, aligning with ASEAN countries. This rationalisation aims to improve trade perceptions and support domestic manufacturing. The budget proposed to reduce the number of tariff rates and correct inverted duty structures, though agriculture items were excluded from this exercise.
Goldman Sachs’ India bets: 8 stocks rally up to 85% in CY26; one new addition
Goldman Sachs’ India equity portfolio fell 6% in CY26 amid mixed stock performance. While 18 stocks declined sharply, eight delivered strong gains, led by GNG