US tariffs likely to moderate India Inc's rating profile in H2 FY26; Iran war span key to outlook

India Inc's credit profiles face moderation in the second half of FY26 due to US tariffs and the West Asia conflict. Rating agencies anticipate resilience for most sectors despite uncertainties. The duration of the West Asia crisis is a key factor. Strong balance sheets and domestic demand offer support. Corporate India's adaptability is being tested.

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