RBI Governor Sanjay Malhotra refuted Donald Trump’s ‘dead economy’ remark, asserting India’s strong economic performance and significant contribution to global growth, exceeding that of the United States. Despite concerns over potential US tariffs due to India’s energy ties with Russia, Malhotra assured a stable inflation outlook, with authorities prepared to intervene if global oil prices rise to protect consumers. RBI Governor Sanjay Malhotra refuted Donald Trump’s ‘dead economy’ remark, asserting India’s strong economic performance and significant contribution to global growth, exceeding that of the United States. Despite concerns over potential US tariffs due to India’s energy ties with Russia, Malhotra assured a stable inflation outlook, with authorities prepared to intervene if global oil prices rise to protect consumers.
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