US Recession Fears Loom: How It Could Impact India's Exports, Manufacturing and Markets
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US may see deep recession this year, impacting India's services exports, goods exports, manufacturing, and financial markets.
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Services growth in India expected to slow if US enters recession, hitting IT and business services exports.
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Goods exports also likely to fall with lower demand from US, China, Europe, Japan.
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Cheaper imports may hurt Indian manufacturers if India's demand remains resilient.
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Financial market volatility anticipated with higher cost of capital globally.