Washington, Oct 15 (IANS) India has recorded phenomenal growth with over 8 per cent projections in the past year amid unprecedented global uncertainties, RBI Governor Sanjay Malhotra said at the International Monetary Fund’s (IMF) annual meeting on Wednesday.

In his address, the RBI Governor highlighted that India is mostly a domestic-driven economy and “while tariffs have an adverse impact, it is not a matter of huge concern”.

He was referring to the US tariff turmoil, which has disrupted global trade and slowed growth in other economies.

“We are living in times of unprecedented uncertainties on account of various reasons-including policy uncertainties. This has been challenging for the growth of the emerging market economy. It is a risk that all emerging marketing economies must take

See Full Page