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Moody’s Cuts India GDP Growth: This news is going to shock for India on the economic front amid global tension on tariffs. International Research firm Moody’s has now reduced its predecessor estimate of India’s GDP growth rate to 6.1 percent. However, Moody’s has estimated before the 90 -day break on the tariff from the US.
The report states that America is a very big partner of India. In such a situation, 26 percent tariff on goods exported by India will completely deteriorate the business balance. Moody’s warned that the most impact will be on games and jewelery, medical equipment and textile industry.
Moody’s Analytics report ‘APC Outlook: US vs Dem’ said, “We revised India’s estimate of GDP growth in 2025 from 6.4% of March to 6.1%.” Moody’s Analytics said that even then, ‘We hope that the overall growth will remain relatively untouched by this shock, as the external demand is a relatively small part of GDP.’
Moody’s further said, “Since gross inflation is decreasing at a good speed, we hope that the RBI will reduce the repo rate, which will probably be in the form of 0.25% deduction. This will reduce the policy rate by 5.75% by the end of the year.” He said- “The tax incentives announced this year will give domestic economy boost and will help reduce the fee of fee on overall growth compared to other weak economy.”
