‘Investors are like weathercocks,’ FM Sitharaman explains why India-US trade deal will boost capital inflows
financialexpress.com/business/news/investors-are-like-weathercocks-fm-sitharaman-explains-why-india-us-trade-deal-will-boost-capital-inflows/4132061/
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India-US Trade Pact to Boost Capital and ExportsThe deal is expected to increase capital inflows soon and benefit labour-heavy export industries such as textiles and seafood.
Key Facts6 days ago · Reading time: ~45 sec.
Summary created with AI assistance · Source: financialexpress.com
Summary created with AI assistance · Source: financialexpress.com
- Finance Minister Sitharaman likened investors to weather vanes that shift with market sentiment.
- The agreement is anticipated to improve capital inflows, but GDP growth forecasts remain unchanged for now.
- Labour-intensive export sectors including textiles, jewellery, and marine products will gain from lowered US tariffs.
- These sectors have already adapted by finding alternative markets and are poised to expand further in the US.
Investors are like weathercocks; they move in the direction of sentiment. Sentiments will change. Money flowing in will happen now, much more than earlier.— Finance Minister Nirmala Sitharaman explains why the India-US trade deal will boost investor sentiment and capital inflows.
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