‘India contributes more than US to…’: RBI governor’s epic response to Trump's ‘dead economy’ insult

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.