India Hedges Against Market Chaos

This is a India news story, published by CNBC, that relates primarily to Apple news.

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CNBC's Inside India newsletter: Could India be a hedge against trade wars and tariffs?

Summary

Nutrition label

86% Informative

Analysts say India 's consumer-led economy, low exposure to international trade, and large number of domestic investors partly insulates it from the sell-off ravaging global markets in recent weeks .

Lower oil prices, which typically precede a global economic growth slowdown, are also beneficial for the Indian economy.

Index of Industrial Production shows a 2.9% increase in February , dropping sharply from the 5.2% growth in January .

Slowdowns in the manufacturing and mining sectors contributed to the decline.

Apple exported 600 tons of iPhones , worth nearly $2 billion , from India to the U.S. in March .

Indian stocks on course for best weekly performance since July 2022 .

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Informative language

Neutral language

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formal

Language

English