New Delhi, Aug. 29 -- Chief Economic Adviser V Anantha Nageswaran on Friday said India's domestic consumption growth can offset the US tariff-related losses, which is why the GDP estimates for the year 2025-26 haven't been revised downwards.

"After seeing the resilience of the growth in the first quarter and the data for the July numbers, we are maintaining our growth range for the full year," the CEA said, responding to a question from ANI during a virtual press conference when asked if he thinks Indian domestic markets will be able to offset US tariffs.

"Will the consumption growth or the higher-than-expected GDP growth offset the tariff-related negative effects? The answer is 'yes', which is why we said that we are not downgrading ou...