New Delhi, Oct. 2 -- India's GDP growth is expected to face more external pressure in the second half of this fiscal, with the effects of the 50% tariff hike by the Trump administration on Indian exports expected to kick, until a trade agreement is finalised with the US, global analytical firm CRISIL said today.
Credit Rating Information Services of India Ltd (CRISIL) also said the Reserve Bank of India Monetary Policy Committee (MPC)'s decision to keep the repo rate unchanged has been contrary to its expectations of a rate cut this time.
The CRISIL report said, "While the MPC seemed satisfied with growth so far, it may be saving its monetary policy space to act when the downside risks to growth play out. Benign inflation prospects keep t...