GDP data today: JP Morgan warns of 1% hit, says at 50% India is uncompetitive
India's GDP data for the April-June quarter, released today, is expected to show a slowdown due to the impact of US double tariffs. Economists and analysts are closely watching the data, with JP Morgan warning that a 50% tariff could risk 1% of GDP and Nomura projecting growth at 6.9%. However, there are concerns that growth may fall below 6% in the second half of the fiscal year.