RBI governor debunks 'dead eco' remark, flags tariff risks
RBI Governor Sanjay Malhotra refuted US President Trump's "dead economy" comment, emphasizing India's robust 6.5% growth and significant 18% contribution to global growth, surpassing the US. While acknowledging uncertainty from US tariff measures, already factored into a revised growth forecast, the RBI will closely monitor macroeconomic conditions. India's relative independence regarding inflation and diversified oil sourcing mitigate potential impacts.
RBI Governor Sanjay Malhotra refuted US President Trump's "dead economy" comment, emphasizing India's robust 6.5% growth and significant 18% contribution to global growth, surpassing the US. While acknowledging uncertainty from US tariff measures, already factored into a revised growth forecast, the RBI will closely monitor macroeconomic conditions. India's relative independence regarding inflation and diversified oil sourcing mitigate potential impacts.
