New Delhi, Sep 30: Despite the ongoing global uncertainties, including tariff-related disruptions and geopolitical tensions, the credit profile of Indian corporates has demonstrated remarkable resilience, a report said on Tuesday.

The domestic-focussed nature of the Indian economy would likely limit the broader macro impact posed by higher US tariffs.

Domestic consumption drivers

"Domestic consumption is likely to receive a boost from GST rate rationalisation, income tax relief, transmission of rate cuts, and easing food inflation, particularly aiding urban demand, which has seen uneven recovery thus far," ICRA Ratings said in its report.

Impact of US tariffs on exports

The imposition of a steep 50 per cent tariff on Indian exports to the US presents a significant challenge for expor

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