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From:
Business News Today, Latest Finance News | The Hindu
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ADB cuts India’s FY26 growth forecast to 6.5% on U.S. tariff impact
https://www.thehindu.com/business/Economy/adb-cuts-indias-fy26-growth-forecast-to-65-on-us-tariff-impact/article70112631.ece
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Despite strong growth in the first quarter of the current financial year, the elevated U.S. tariffs, which it said affected about 60% of goods exported to the U.S., will weigh on growth starting in the second half of 2025-26 and in 2026-27