‘Trade recalibration very difficult, worrisome’: FM Sitharaman amid Trump’s global tariffs | India News

NEW DELHI: Union finance minister Nirmala Sitharaman on Thursday mentioned that the recalibration of global commerce insurance policies poses severe challenges to the global economic system. Her feedback come within the wake of the sweeping tariffs imposed by US President Donald Trump which has despatched jolts to the global inventory markets.
Speaking on the a hundred and fiftieth anniversary celebration of the Bombay Stock Exchange, Sitharaman mentioned the world is changing into more and more unstable and unsure, and India should depend on coverage agility and long-term imaginative and prescient to navigate the ensuing disruptions.
Describing the continuing shifts in global commerce dynamics as “worrisome” and “very challenging,” she mentioned that India stays assured because of its robust macroeconomic fundamentals and rising home energy.
“We recognize that the global landscape is changing and changing rapidly and the world is going through a phase of trade recalibrations and movements. I don’t need to talk in detail. The recalibration efforts on trade are very, very challenging,” the finance minister mentioned.
“It is worrisome, but it is also going to be very challenging. The intensification of tariff wars and the rise of protectionist policies have the potential to disrupt global supply chains, increase production costs and create uncertainty in investment decisions,” Sitharaman added.

She burdened that the federal government’s method to financial resilience is targeted on boosting home effectivity and competitiveness.
Sitharaman additionally praised the rising maturity of India’s capital markets, underlined by the rising dominance of home institutional buyers.
“The world is looking towards us not just for our impressive growth trajectory or demographic strength, but for the example we can set as a nation that leads with integrity, inclusivity and innovation.”
“Domestic investors, particularly the institutional investors, have played an increasingly central role. In the last financial year, DIIs, the domestic institutional investors, recorded total inflows of 6.1 lakh crore,” she added.
During her deal with, Sitharaman known as on corporates to prioritise transparency and shareholder worth, and urged regulators to stay proactive in an period of fixed change. She additionally highlighted the necessity for investor training, notably by way of regional language programmes concentrating on first-time buyers and underrepresented teams.
India’s inventory markets have crossed the $5 trillion mark in capitalisation, making it the fifth-largest globally, Sitharaman mentioned. Meanwhile, the variety of large-cap firms with valuations above Rs 1 lakh crore has soared from only one in 2000 to 81 at this time.
“FY25 capitalization of India’s stock markets crossed 5 trillion US dollar market for the first time making it making India the fifth largest capital market globally. Over the past five years indices have delivered an impressive 131% dollar adjusted return the highest among global peers,” she mentioned.