India maintains 2025/26 growth projection despite US tariffs, official says

India is likely to meet its projected growth target of 6.3%-6.8% for the 2025/26 fiscal year (April-March) if oil prices remain below $70 per barrel, despite global disruptions due to new US tariffs, a finance ministry official said, Report informs via Reuters.

A second finance ministry official said the tariff announcements will not weigh heavily on India's key fiscal parameters for the 2025/26 year.

India is open to taking more measures to assist exporters impacted by higher US tariffs, the second official added.

"We have already made provisions in the budget for duty remission schemes to help exporters and are open to doing more," the official said.