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Indian macros are quite strong. It is also the least vulnerable to US tariffs, said Rajesh Bhatia of ITI Mutual Fund.

UK Trade Commissioner for South Asia Harjinder Kang said that under the India-UK FTA, 99% of Indian goods to the UK and 90% of UK goods to India will become tariff-free.

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Apple has realigned its production strategy, sending nearly 97% of iPhones manufactured in India to the United States between March and May this year.