US tariffs pose major risk to India’s growth: Crisil Intelligence

Crisil Intelligence said in a September report, high tariffs applied to the US goods of Indian goods pose a great risk for the growth of the country.

In the report, he added that tariffs will affect both Indian exports and investments.

However, internal consumption caused by benign inflation and ratio interruptions is expected to support growth.
The GDP of the country rose from 7.4 percent to 7.8 percent in the first quarter of the 2025-26 financial year.

However, the nominal GDP growth in the same period from 10.8 percent to 8.8 percent, he added.

In the report, the Consumer Price Index (CPI) inflation is likely to increase from 4.6 percent to 3.5 percent in the previous year. Although healthy agricultural growth is not fully evaluated yet, the effect of excessive rain is expected to keep food inflation under control.

In the monetary policy report, the Indian Reserve Bank (RBI) said that this financial cutting and then a rate of pause will be applied.

The Central Bank’s Monetary Policy Committee has reduced the repo ratio between February and June 2025 by 100 basis points, and now it is waiting for the full transfer of past deductions.