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RBI Governor Sees India’s Growth Moderately Hit on Tariff Woes

  • A recent Moody's report released on May 21, 2025, highlighted India's economy showing resilience amidst global tariff tensions and economic uncertainty.
  • The report attributed this resilience to India's large domestic market, diversified trade agreements, and stable monetary and political environment amid ongoing global trade frictions.
  • Key indicators in April 2025 showed sustained momentum in industrial and services sectors, record GST collections, falling inflation, and steady private consumption growth driven by housing and retail.
  • Moody's projected India’s GDP growth at about 6.3% for 2025 and 6.5% for 2026, noting that ‘India isn’t immune to global shocks, but it's more insulated than most,’ said Associate Managing Director Gene Fang.
  • The report concluded that India's structural strengths, including domestic consumption and trade diversification, will likely cushion the economy from tariff-induced global slowdowns and support steady growth.
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Social News XYZ broke the news in on Wednesday, May 21, 2025.
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