Reciprocal Tariffs: Supply re-orientation and investment impact key risks
Reciprocal tariffs, while having limited direct impact for India, create uncertainty and the risk of volatility in global markets.
Reciprocal tariffs, while having limited direct impact for India, create uncertainty and the risk of volatility in global markets.
The monetary policy actions in FY26 will be dependent on inflation movements, liquidity situation and trajectory of global commodity prices.
Ind-Ra expects the RBI to cut policy rates by 25 basis points in April 2025 following a decline in retail inflation to a seven-month low of 3.61% in February.