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MUMBAI, April 3 (Reuters) - India's economic growth could slow by 20-40 basis points in the ongoing financial year due to the latest U.S. tariffs, which would prompt deeper interest rate cuts by ...

India's economic growth could slow by 20-40 basis points in the ongoing financial year due to the latest U.S. tariffs, which would prompt deeper interest rate cuts by the central bank, analysts said.

"Increased downside risks to growth and a more front-loaded inflation shock should allow cuts to resume sooner than we had expected", Nomura economists led by David Seif said in a note on Thursday.