March 19, 2025 1:57 PM

India’s domestic market expected to cushion impact of US tariff hike: Fitch

India’s large domestic market is expected to shield its economy from the impact of rising US tariffs, helping the country maintain stable growth global ratings agency Fitch has stated. Fitch has kept its growth forecast for India unchanged at 6.5 per cent for the financial year 2025-26 (FY26), with an upward revision for FY27 to 6.3 per cent, up from the earlier estimate of 6.2 per cent. Fitch's forecast compares favorably with the Organisation for Economic Co-operation and Development (OECD...