Archana Shukla
π€ SpeakerAppearances Over Time
Podcast Appearances
So these could be indicators that Prime Minister Modi and President Trump would have discussed.
And there had been a lot of pressure on India to buy more oil and buy more arms from the United States.
And those could be some of the bits where India would have pushed it through.
This really helps big export-heavy sectors like textiles and apparels, auto ancillaries, gems and jewellery.
Jewellery is a big segment of exports from India to the US.
And also seafood, things like shrimp.
The US is the largest consumer of shrimps and India is the second largest seller of shrimps.
And these are very export-heavy industries that also employ a lot of people here in India.
Millions are employed in these sectors and they had really suffered because of these tariffs previously.
more than 30 to 50% of their business had come down.
So it would really help these sectors now that the tariffs are down to 18%.
And India now wants to be competing with the Asian peers, whether it's Vietnam, Indonesia, Bangladesh, and sell to the rest of the world markets.
They're also looking to diversify.
And with this tariff uncertainty, actually, there was a lot of pressure on the stock markets.
A lot of foreign money had moved out of the Indian stock markets.
The rupee had been under pressure.
And all of this uncertainty, at least for the moment, seems to be going away.
And that's why you see so much cheer on the stock markets there.
Munna was only 14 when she was told she will be a bride.
When they told me, you will be married too, I started crying.