https://www.taxtmi.com/news?id=53971 Imposition of steep tariffs by a major trading partner has put acute downward pressure on the domestic currency, which hit a historic low amid tariff measures, foreign fund outflows, dollar demand and weak equity markets; the tariffs threaten labour intensive export sectors, constrain export competitiveness and raise trade deficit concerns, while the central bank warns of downside risks to domestic demand and the government proposes measures to support exporters. en-us Fri, 29 Aug 2025 16:01:06 +0530 Fri, 29 Aug 2025 16:01:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=53971 Imposition of steep tariffs by a major trading partner has put acute downward pressure on the domestic currency, which hit a historic low amid tariff measures, foreign fund outflows, dollar demand and weak equity markets; the tariffs threaten labour intensive export sectors, constrain export competitiveness and raise trade deficit concerns, while the central bank warns of downside risks to domestic demand and the government proposes measures to support exporters. News - Fri, 29 Aug 2025 16:01:06 +0530 https://www.taxtmi.com/news?id=53971