RBI Chief Says Higher Tariffs Pose No Major Worry

RBI Governor Sanjay Malhotra said higher US tariffs will have limited impact on India’s growth, noting the economy is largely domestic-driven. Speaking at the IMF-World Bank meetings in Washington, he added that an early resolution could boost growth. The RBI’s 6.8% FY26 growth forecast already factors in 50% punitive tariffs and global trade headwinds.