‘India contributes more than US to…’: RBI governor’s epic response to Trump's ‘dead economy’ insult
Published on Aug 06, 2025 11:13 pm IST
RBI Governor Sanjay Malhotra responded to Donald Trump's "dead economy" remark, asserting India's economic strength and global impact. Malhotra noted India contributes 18% to global growth outpacing the US and is projected to grow at 6.5% in FY25. Despite rising trade tensions and US tariff threats, the RBI held the repo rate steady at 5.50%, citing strong fundamentals and optimism for sustained recovery.
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