India's Economic Resilience: RBI Governor States US Tariffs Not a Major Concern for 8% Growth Trajectory

Oct 16, 2025 07:18 am CST

RBI Governor Sanjay Malhotra addressed the IMF annual meeting highlighting India's exceptional 8% economic growth despite global uncertainties. He emphasized that US tariffs pose minimal concern for India's domestic-driven economy, while noting significant achievements in inflation reduction to 1.5%, managing fiscal deficit at 4.4% of GDP, and maintaining rupee stability amid international currency fluctuations.