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India’s economy grew 7.6% in 2025, but trade deal delays may lead to further rate cuts if growth slows.
Prolonged delays in the India-U.S. trade deal could prompt the Reserve Bank of India to cut interest rates further if growth weakens, Goldman Sachs warns.
While India’s economy remains resilient with 7.6% real GDP growth in 2025, driven by consumption support from tax cuts, favorable crops, and state transfers, recovery is uneven—affluent consumers are slowing, and middle-income groups face job and AI-related pressures.
Nominal GDP growth slowed to a six-year low due to low inflation.
The trade deal’s finalization by Q1 FY27 is expected, but delays beyond that could trigger additional monetary or fiscal measures to sustain momentum.
La economía de la India creció un 7,6% en 2025, pero los retrasos en los acuerdos comerciales pueden llevar a nuevos recortes de tasas si el crecimiento se desacelera.