‘Something being worked out’: Nirmala Sitharaman signals relief for exporters hit by US tariffs; government keeping close watch on rupee

Finance minister Nirmala Sitharaman announced that the government is developing a support package for Indian exporters facing a steep 50% US tariff. The assessment is underway across ministries to gauge the impact on various sectors, excluding pharma, energy, and electronics. Sitharaman also highlighted GST overhaul as a people’s reform and the government is closely monitoring the rupee’s exchange rate.