The investment bank has also scaled down the GDP forecast for FY25 to 6%, below the consensus of 6.9% for the fiscal year and the Reserve Bank of India’s forecast of 7.2% made in its October policy review.
Buffett says US shouldn’t use “trade as a weapon” as Trump has done with tariffs
While Buffett said it is best for trade to be balanced between countries, he doesn’t think Trump is going about it the right way with