India’s home textile sector faces a 5–10% revenue drop this fiscal after the US imposed 50% tariffs. While frontloaded orders, limited rival capacity, and new markets offer some cushion, profitability may shrink. Crisil warns of weaker credit metrics, though optimism over India–US trade talks briefly lifted textile stocks.
India raises $73 bn in forex inflows at record pace
India has mobilised $73 billion in foreign exchange inflows in less than 11 weeks, surpassing the scale and pace of the RBI’s 2013 FCNR(B) swap