RBI Governor Sanjay Malhotra indicated that an early resolution to tariffs would boost India’s economic growth, though higher tariffs are not a major concern. He noted that while capacity utilization and investment sentiment are improving, uncertainties are delaying business and household expenditures. The central bank projects 6.8% growth for the fiscal year, factoring in current tariff levels.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets