New Delhi, April 16 -- India's economy is likely to weather the latest wave of US tariff hikes with only limited fallout, Moody's Ratings said in a report Wednesday. But it warned that broader global trade tensions could weigh on economic growth and credit conditions worldwide.

The rating agency now expects India's GDP growth to slow slightly to a range of 5.5-6.5% in 2025, down from its earlier estimate of 6.6%. The downgrade is attributed to weaker global demand and declining merchandise exports, particularly to the US.

India's exports to the US account for 6.6% of nominal GDP, placing it among economies with moderate exposure to Washington's protectionist push, the report said.

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