https://www.taxtmi.com/news?id=40491 Moody's Analytics revises India's growth outlook downward because heightened reciprocal tariffs risk would impede the trade balance and hit export sensitive sectors such as gems and jewellery, medical devices, and textiles. It finds overall GDP only partly exposed given limited external demand share, but warns tariff uncertainty raises market volatility, weakens household and business sentiment, and can reduce the effectiveness of monetary easing; a temporary tariff deferral has been announced while other measures remain in force. en-us Thu, 10 Apr 2025 15:31:03 +0530 Thu, 10 Apr 2025 15:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=40491 Moody's Analytics revises India's growth outlook downward because heightened reciprocal tariffs risk would impede the trade balance and hit export sensitive sectors such as gems and jewellery, medical devices, and textiles. It finds overall GDP only partly exposed given limited external demand share, but warns tariff uncertainty raises market volatility, weakens household and business sentiment, and can reduce the effectiveness of monetary easing; a temporary tariff deferral has been announced while other measures remain in force. News - Thu, 10 Apr 2025 15:31:03 +0530 https://www.taxtmi.com/news?id=40491