U.S. tariff impact: India sees Asia’s biggest earnings downgrades
Analysis by MUFG indicates that a sustained 50% tariff could cut India’s GDP growth by 1 percentage point over time, with the biggest hit to employment-sensitive sectors such as textiles. | Photo Credit: Getty Images/istockphoto Indian companies have seen the steepest earnings downgrades in Asia, with analysts slashing forecasts as steep U.S. tariffs heighten risks…
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