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of <h1>Trade Tensions Threaten India's Economic Growth: Moody's Forecasts 6.1% GDP Expansion Amid US Tariff Challenges</h1> Moody's Analytics reduced India's GDP growth forecast to 6.1% for 2025 due to potential US reciprocal tariffs. The report highlights potential impacts on gems, jewellery, medical devices, and textile industries. Despite challenges, the organization expects domestic economy to remain relatively insulated. The US deferred reciprocal tariffs for 90 days, providing temporary relief. Moody's warns of market uncertainty and potential economic slowdown, emphasizing the negative impact of trade complexities on global growth prospects.
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