AsianFin -- Indian companies have experienced the sharpest earnings downgrades in Asia, as analysts trim forecasts in response to rising risks from proposed U.S. tariffs, despite potential offsets from domestic tax cuts.

Data from LSEG IBES shows that forward 12-month earnings estimates for India’s large- and mid-cap firms have been lowered by 1.2% over the past two weeks, marking the steepest reduction among Asian markets. The revisions highlight growing concerns over external headwinds to India’s corporate growth outlook.