Moody's Analytics cuts India's 2025 growth forecast by 30 basis points citing US tariff impact

Moody's Analytics has downgraded India's 2025 growth forecast to 6.1% due to potential U.S. tariffs, despite a temporary freeze. Gems, jewellery, medical devices, and textiles are expected to be most affected. The RBI has responded by cutting the repo rate and adopting an accommodative stance to mitigate the impact and stimulate the domestic economy.