Trump's higher tariff threat on India: What RBI governor Sanjay Malhotra said on GDP growth; 'really very difficult to...'

Aug 6, 2025 - 14:30
Trump's higher tariff threat on India: What RBI governor Sanjay Malhotra said on GDP growth; 'really very difficult to...'

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RBI Governor Sanjay Malhotra acknowledges the difficulty in predicting the impact of potential US tariffs on India's GDP growth. While the central bank retained its 6.5% GDP forecast for fiscal year 2025-26 and kept the repo rate unchanged, Malhotra emphasized ongoing global uncertainties.

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