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India Sees No Hit to Projected Growth From US Tariffs
Hindustan Times Jammu
|April 08, 2025
Economists, Including at Goldman Sachs, Have Lowered India's Growth Estimates by 20-40 Basis Points to 6.1% for FY26
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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