Tariff shock manageable for Indian markets, but rupee weakness a concern: Adrian Mowat

Adrian Mowat suggests Indian markets can quickly absorb a 25% tariff impact, though it might weaken the rupee and limit the RBI’s flexibility. He highlights the geopolitical motivations behind potential US penalties on India and China’s oil imports from Russia. This situation could negatively affect foreign investment inflows into India due to a less favorable risk-reward scenario.

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