Category Center for the Study for Finance and Economics

Trump, Tariffs, and the Rupee: A New Economic Equation?

The rupee's sharp decline to ₹86.62 against the dollar in Jan 2025 raises concerns due to higher import costs and inflation but may not boost exports due to shifting from price-sensitive to income-sensitive items, amidst global economic challenges and potential geopolitical resolutions affecting the US dollar.

Advancing Free Trade Through AITIGA Reforms

The Association of South East Asian Nations (ASEAN)-India Trade in Goods Agreement (AITIGA) was signed and entered into force on January 1, 2010. The AITIGA (also known as ASEAN-India FTA) was a culmination of a series of efforts by both ASEAN member-States and India to ameliorate their ties. After completing a decade of the AITIGA in 2019, ASEAN and India mutually decided to review the agreement through consultations. While attending the 20th ASEAN-India Summit in 2022 at Jakarta, the Indian Prime Minister emphasised the need to complete the AITIGA in a time-bound manner.

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