Moody’s Analytics recently revised downward its GDP forecast for India for 2025 by 30 basis points (bps) to 6.1 per cent.
A 26-per cent US tariff hovering over imports from India will heavily impede the trade balance, it noted.
It expects the overall growth of the country to be relatively insulated from the shock as external demand makes up a relatively small portion of GDP.
A 26-per cent US tariff hovering over imports from India will heavily impede the trade balance, it noted.
It expects the overall growth of the country to be relatively insulated from the shock as external demand makes up a relatively small portion of GDP.
