Reserve Bank of India (RBI) Governor Sanjay Malhotra downplayed concerns over US tariffs imposed under President Donald Trump, saying India’s largely domestic-driven economy can comfortably weather the trade pressure.

"India is mostly a domestically driven economy, so while we are impacted, it’s not a matter of huge concern," Malhotra said on the sidelines of the IMF and World Bank Fall Meetings in Washington, DC.

Speaking at the IMF’s Governor Talks session, Malhotra noted that India’s macroeconomic fundamentals remain strong despite global turbulence. "We are living in times of unprecedented uncertainties on account of various reasons, including policy uncertainties," he said. "It is a risk that all emerging market economies must take into account."

Malhotra added that there could ev

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