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RBI Governor Sanjay Malhotra refuted US President Trump’s “dead economy” comment, emphasizing India’s robust 6.5% growth and significant 18% contribution to global growth, surpassing the US. While acknowledging uncertainty from US tariff measures, already factored into a revised growth forecast, the RBI will closely monitor macroeconomic conditions. India’s relative independence regarding inflation and diversified oil sourcing mitigate potential impacts.
