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India Sees No Hit to Projected Growth From US Tariffs

April 08, 2025

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Hindustan Times Ranchi

Economists, Including at Goldman Sachs, Have Lowered India's Growth Estimates by 20-40 Basis Points to 6.1% for FY26

- Reuters

NEW DELHI: India may still meet its 6.3-6.8% growth projection for the 2025/26 fiscal year that started on April 1 despite global disruptions from new US tariffs, if oil prices stay below $70 per barrel, government officials said, even as many private economists lowered their forecasts.

Economists, including at Goldman Sachs, have lowered India's growth estimates by 20-40 basis points to 6.1% for the current 2025/26 financial year, citing the impact of the global tariffs imposed by U.S. President Donald Trump.

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Hindustan Times Ranchi

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Hindustan Times Ranchi

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Hindustan Times Ranchi

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time to read

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