To that extent, the first part — removal of uncertainty — is a great development,” Thakur told The Indian Express. The second part pertaining to how much of an impact the trade deal will have is not known, she said. “And the last part on that — about market sentiment…sentiment plays such a big role in FPI flows at least, and that has changed in the morning today (Tuesday). The Economic Survey 2025-26 had flagged capital outflows and the uncertainties on the external front as looming risk factors for India’s growth. The US announced removal of punitive tariffs on India late Monday, bringing down the headline tariff number to 18% from 50%.

Source: Indian Express February 04, 2026 02:37 UTC