The tariff reduction, confirmed by US President Donald Trump following talks with Prime Minister Narendra Modi, effectively withdraws additional duties that had pushed levies on some Indian exports as high as 50 per cent.
There have been downward pressures on US financial asset prices as reflected in equity market volatility, a weakening dollar and higher long-term 30-year government bond yields.
While a single monthly reading above 6 per cent does not constitute a formal policy failure, the persistent upward trajectory since early 2026 leaves monetary authorities with little room to manoeuvre.
The authors stress that individual knowledge alone is insufficient. Food environments – marketing, pricing, availability and access – must support healthier choices.
While a single monthly reading above 6 per cent does not constitute a formal policy failure, the persistent upward trajectory since early 2026 leaves monetary authorities with little room to manoeuvre.