Here are the good deeds for India with increase of interest.

These rise in the FED rates would also effect the companies of America. As the dollar is now became strong the imports will be very cheap but the export rate would slow down because of the high dollar rates. The American companies now has to struggle to compete with other companies especially in the countries like India and China. This might help the countries to run for the innovations which would help in GDP growth. So the increase in the Fed interest rates has two sides on the Indian economy. Not sure whether the Fed rates would directly affect the economy but the fear of rise is affecting a lot. So what is your opinion on this fed interest rates? Do you think it is necessary? Share your thoughts here in the comment section.