‘Trade recalibration is very challenging, worrying’: FM Sitarman Trump’s global tariff. Bharat News

New Delhi: Union Finance Minister Nirmala Sitarman said on Thursday that renovation Global trade policies There are serious challenges for the global economy. His comments come in the wake of the widespread tariff imposed by US President Donald Trump, which has sent shocks to the global stock markets.
Speaking at the 150th anniversary celebrations of the Bombay Stock Exchange, Sitarman said that the world is rapidly unstable and uncertain, and India should rely on policy agility and long -term vision to navigate the resulting disruption.
Describing the changes in the dynamics of global business as “worrisome” and “very challenging”, he said that India is convinced of its strong macroeconomic fundamental and increasing domestic strength.
“We believe that the global landscape is changing rapidly and changing and the world is going through a phase of trade recurrence and movements. I don’t need to talk in detail. Efforts to renovate the business are very, very challenging,” said the finance minister.
“It’s worrying, but it is also going to be very challenging. Tariffs have the ability to disrupt global supply chains, increase production costs and create uncertainty in investment decisions in the rise of intensity and protectionist policies of wars,” said Sithraman.
He insisted that the government’s approach Economic flexibility Focus on increasing domestic efficiency and competition.
Sitarman also praised the increasing maturity of India’s capital markets, which was underlined by increasing dominance Domestic institutional investor,
“The world is not only looking at us for our impressive development trajectory or demographic power, but for example we can set as a nation that leads with integrity, inclusion and innovation.”
He said, “Domestic investors, especially institutional investors have played a rapid central role. In the last financial year, domestic institutional investors recorded a total of 6.1 lakh crores,” he said.
During his address, Sitarman called the corporates to prioritize transparency and shareholder value, and urged to remain active in the era of continuous changes from regulators. He also highlighted the need for investor education, especially targeting investors and underpared groups through regional language programs.
Sitarman said that India’s stock markets have crossed the $ 5 trillion mark in capitalization, making it the fifth largest at the global level. Meanwhile, the number of large-cap companies with valuations above Rs 1 lakh crore has increased from just one to 81 in 2000 today.
He said, “FY25 Capitilization of India’s stock markets first crossed the US $ 5 trillion market, making India the fifth largest capital market globally.