India's economy resilient to US tariff impact: RBI Chief

There might not be a major impact of the US tariffs on India's economy: RBI Governor

- AGENCIES

Reserve Bank of India Governor Sanjay Malhotra said on Wednesday that the US tariff hike will not have any major impact on the Indian economy unless there is a retaliatory tariff.

Speaking at a press conference after the monetary policy announcement, the RBI Governor said, "There might not be a major impact of the ongoing uncertainty over the US tariffs on India's economy. This is subject to retaliatory tariffs coming into the picture, which we do not foresee."