https://www.taxtmi.com/news?id=43835 India's 2025 GDP forecast is revised down to 6.3 per cent but remains supported by resilient private consumption, public investment and services exports. Easing inflation has allowed monetary easing by the central bank. Rising tariffs and trade tensions pose risks to production costs, supply chains and merchandise exports, with exemptions in certain sectors potentially limiting but not eliminating impacts. The global slowdown and tariff shock threaten vulnerable developing countries' export revenues, fiscal space and debt sustainability, underscoring the need for strengthened multilateral cooperation and targeted support. en-us Fri, 16 May 2025 08:46:03 +0530 Fri, 16 May 2025 08:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=43835 India's 2025 GDP forecast is revised down to 6.3 per cent but remains supported by resilient private consumption, public investment and services exports. Easing inflation has allowed monetary easing by the central bank. Rising tariffs and trade tensions pose risks to production costs, supply chains and merchandise exports, with exemptions in certain sectors potentially limiting but not eliminating impacts. The global slowdown and tariff shock threaten vulnerable developing countries' export revenues, fiscal space and debt sustainability, underscoring the need for strengthened multilateral cooperation and targeted support. News - Fri, 16 May 2025 08:46:03 +0530 https://www.taxtmi.com/news?id=43835