India's economic growth could slow by 20-40 basis points in the ongoing financial year due to the latest U.S. tariffs, which would prompt deeper interest rate cuts by the central bank, analysts said.

The maximum adverse impact on India's GDP growth will not be higher than 50 basis points. As per our earlier projection, the GDP growth estimate for current fiscal was 6.5 per cent, which may go

Pranjul Bhandari, HSBC's Chief India Economist, breaks down the direct and indirect impact on India economy from U.S. reciprocal tariffs. She expects consecutive interest rate cuts from the Reserve Bank of India at the central bank's April,