{"id":636772,"date":"2025-08-06T09:51:28","date_gmt":"2025-08-06T04:21:28","guid":{"rendered":"https:\/\/thedailyguardian.com\/web-stories\/-636772\/"},"modified":"2025-08-06T15:22:45","modified_gmt":"2025-08-06T09:52:45","slug":"trump-tariffs-wont-derail-indias-growth-rbi","status":"publish","type":"web-story","link":"https:\/\/thedailyguardian.com\/web-stories\/trump-tariffs-wont-derail-indias-growth-rbi-636772\/","title":{"rendered":"Trump Tariffs Won\u2019t Derail India&#8217;s Growth: RBI"},"content":{"rendered":"<p><html amp=\"\" lang=\"en\"><head><meta charSet=\"utf-8\"\/><meta name=\"viewport\" content=\"width=device-width,minimum-scale=1,initial-scale=1\"\/><script async=\"\" src=\"https:\/\/cdn.ampproject.org\/v0.js\"><\/script><script async=\"\" src=\"https:\/\/cdn.ampproject.org\/v0\/amp-story-1.0.js\" custom-element=\"amp-story\"><\/script><link 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publisher-logo-src=\"https:\/\/thedailyguardian.com\/wp-content\/uploads\/2025\/06\/NewsX-Logo-1.jpg\" title=\"Trump Tariffs Won\u2019t Derail India&#x27;s Growth: RBI\" poster-portrait-src=\"https:\/\/thedailyguardian.com\/wp-content\/uploads\/2025\/08\/cropped-1x-1_4.webp\"><amp-story-page id=\"8c819af5-d15f-4845-81fb-b8322ab8cfd9\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#382d35\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-b42a0545-d756-4f0a-ac37-b8181c2c03a9\">\n<div style=\"position:absolute;width:237.03704%;height:100%;left:-68.51852%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/thedailyguardian.com\/wp-content\/uploads\/2025\/08\/1x-1_4.webp\" alt=\"\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<div class=\"element-overlay-area\" style=\"background-image:linear-gradient(0.5turn, rgba(0,0,0,0) 0%, rgba(0,0,0,0.7) 100%)\"><\/div>\n<\/div>\n<\/div>\n<div class=\"page-background-overlay-area\" style=\"background-image:linear-gradient(0.5turn, rgba(0,0,0,0) 0%, rgba(0,0,0,0.7) 100%)\"><\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:11.65049%;top:77.34628%;width:76.69903%;height:15.21036%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6329113924050633% 0.6329113924050633% 0.6329113924050633% 0.6329113924050633% \/ 2.127659574468085% 2.127659574468085% 2.127659574468085% 2.127659574468085%\" id=\"el-81cd343e-8d15-4b05-975c-8601d8f6d65c\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:0.6368670886075947% 0;font-family:&quot;Alegreya&quot;,serif;font-size:0.404531em;line-height:1.2;text-align:left;padding:0;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">Trump Tariffs Won\u2019t Derail India&#8217;s Growth: RBI<br \/>\n<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:5.58252%;top:98.54369%;width:48.54369%;height:2.91262%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:1% 1% 1% 1% \/ 11.11111111111111% 11.11111111111111% 11.11111111111111% 11.11111111111111%\" id=\"el-05c69485-f2cd-4e97-9232-64b2385fdc39\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:1.0470000000000006% 0;font-family:&quot;BioRhyme&quot;,serif;font-size:0.194175em;line-height:1.2;text-align:left;padding:0;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">KHUSHI KUMARI<\/span><\/span><\/p>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:68.68932%;top:85.92233%;width:48.54369%;height:1.77994%;transform:rotate(269deg);opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:1% 1% 1% 1% \/ 18.181818181818183% 18.181818181818183% 18.181818181818183% 18.181818181818183%\" id=\"el-20d5fb08-65a2-455c-a568-29537ad14bff\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:-0.0703125% 0;font-family:&quot;Roboto&quot;,sans-serif;font-size:0.161812em;line-height:1.2;text-align:left;padding:0;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">Image Source: GOOGLE IMAGES<\/span><\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"eaa79ab3-3b49-4c3d-86af-f8b9eb038f18\" auto-advance-after=\"7s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-4493d9be-f554-4e75-a497-5197ba7c2aa8\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":2000,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-1e144f95-1cf5-4f43-b813-d12931e86a6d\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":300,\"duration\":1000,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-0c39bcaf-3c8c-454c-b511-8f87deb12ce4\",\"keyframes\":{\"transform\":[\"translate3d(0px, 174.60313%, 0)\",\"translate3d(0px, 0px, 0)\"]},\"delay\":300,\"duration\":1000,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#000\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-4af0c82e-5c05-4e46-a3c5-ec5abe7d0250\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:11.65049%;top:-9.2233%;width:88.34951%;height:76.53722%;opacity:1\">\n<div id=\"anim-4493d9be-f554-4e75-a497-5197ba7c2aa8\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-196680fb-b607-421b-9889-36b0194b15d2\">\n<div style=\"position:absolute;width:231.08788%;height:100%;left:-65.54394%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/thedailyguardian.com\/wp-content\/uploads\/2025\/08\/rbi-governor-sanjay-malhotra-063700835-16x9-0.avif\" alt=\"\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:11.65049%;top:71.68285%;width:82.03883%;height:21.52104%;opacity:1\">\n<div id=\"anim-1e144f95-1cf5-4f43-b813-d12931e86a6d\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-0c39bcaf-3c8c-454c-b511-8f87deb12ce4\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(0px, 174.60313%, 0)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" id=\"el-c2221eed-2122-4c1e-94b1-fbc443666daf\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:1.3350591715976328% 0;font-family:&quot;Alegreya&quot;,serif;font-size:0.404531em;line-height:1;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">RBI maintained its key lending rate at\u202f5.5% and held a neutral policy stance amid rising global tariff threats<br \/>\n<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"cfb5aacf-021b-4687-bbc9-7031360f1320\" auto-advance-after=\"7s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-4a5ff714-e859-4e8d-8be8-614db880d29e\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":2000,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" 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style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-fc408c10-d17a-4bd9-bb6a-0fe341ec5823\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:11.65049%;top:-9.2233%;width:88.34951%;height:76.53722%;opacity:1\">\n<div id=\"anim-4a5ff714-e859-4e8d-8be8-614db880d29e\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-d08189cb-1086-4329-abb6-8c93a6291b62\">\n<div style=\"position:absolute;width:194.76544%;height:100%;left:-47.38272%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/thedailyguardian.com\/wp-content\/uploads\/2025\/08\/im-74427762-1753876256757-1753879348202.avif\" alt=\"\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:11.65049%;top:73.94822%;width:82.03883%;height:25.72816%;opacity:1\">\n<div id=\"anim-e70b03a8-af26-4499-957b-4730e31d3594\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-eb1229ff-a95e-4db6-a6cf-564988918082\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(0px, 137.24666%, 0)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" id=\"el-d7d7c7ad-5fc3-449d-b747-e735a03424de\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:1.3350591715976328% 0;font-family:&quot;Alegreya&quot;,serif;font-size:0.404531em;line-height:1;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">From August\u202f7, the U.S. imposed a 25% tariff on all Indian goods, including threats of higher penalties over Russian oil buying<br \/>\n<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"833af6bd-5914-46dc-abf1-1356f08a12e6\" auto-advance-after=\"7s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script 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style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-786b4392-9d00-4bd1-ba84-eb0d12ed41e9\">\n<div style=\"position:absolute;width:230.82715%;height:100%;left:-65.41358%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/thedailyguardian.com\/wp-content\/uploads\/2025\/08\/1725357239-977.webp\" alt=\"\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:11.65049%;top:73.94822%;width:82.03883%;height:15.53398%;opacity:1\">\n<div id=\"anim-14c0b711-6103-49e6-97ac-cf2841432c53\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-ec92595e-2fef-4ac6-8553-41510bf71f37\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(0px, 227.31483%, 0)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" id=\"el-2991182c-61ba-444d-8847-d84fd39fe5ed\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:1.1748520710059172% 0;font-family:&quot;Alegreya&quot;,serif;font-size:0.355987em;line-height:1;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">GDP growth forecast was trimmed from 6.7% to 6.5%, reflecting some of the global uncertainties<br \/>\n<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"9eb3edd7-803d-4a38-a3e4-c7215351d245\" auto-advance-after=\"7s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-b382b89b-f6b9-45fa-b944-41444e0eb51c\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":2000,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-b052d33e-64e9-4eb7-a73f-02c5e28c368f\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":300,\"duration\":1000,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-2c381ab9-e57e-4a45-8d39-a16b39f03594\",\"keyframes\":{\"transform\":[\"translate3d(0px, 227.31483%, 0)\",\"translate3d(0px, 0px, 0)\"]},\"delay\":300,\"duration\":1000,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#000\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-3d0814e3-d448-4fbe-bf68-2044377ba53a\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:11.65049%;top:-9.2233%;width:88.34951%;height:76.53722%;opacity:1\">\n<div id=\"anim-b382b89b-f6b9-45fa-b944-41444e0eb51c\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-293803e8-2d5b-4a56-87ba-29f9e11b9adc\">\n<div style=\"position:absolute;width:175.40392%;height:100%;left:-37.70196%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/thedailyguardian.com\/wp-content\/uploads\/2025\/08\/pti04-09-2025-000103a.jpg\" alt=\"\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:11.65049%;top:73.94822%;width:82.03883%;height:15.53398%;opacity:1\">\n<div id=\"anim-b052d33e-64e9-4eb7-a73f-02c5e28c368f\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-2c381ab9-e57e-4a45-8d39-a16b39f03594\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(0px, 227.31483%, 0)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" id=\"el-9a948df2-a5ae-49dc-bf79-578cc49a44cc\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:1.1748520710059172% 0;font-family:&quot;Alegreya&quot;,serif;font-size:0.355987em;line-height:1;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">Governor Sanjay Malhotra said it&#8217;s very difficult to predict how the tariffs will affect India\u2019s growth<br \/>\n<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"a7b87db6-3902-4c13-9f12-5e037573a24b\" auto-advance-after=\"7s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-0559eb66-155a-44c8-9f03-c8f42b0cf8b3\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":2000,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-fd67649a-6c8c-4859-8499-29821d5df63f\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":300,\"duration\":1000,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-a3dbd993-4d33-4b4c-b9f2-b86146bdc0c1\",\"keyframes\":{\"transform\":[\"translate3d(0px, 198.38387%, 0)\",\"translate3d(0px, 0px, 0)\"]},\"delay\":300,\"duration\":1000,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#000\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-edbb7de6-8ead-4fc1-8518-9b8ebb4a444a\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:11.65049%;top:-9.2233%;width:88.34951%;height:76.53722%;opacity:1\">\n<div id=\"anim-0559eb66-155a-44c8-9f03-c8f42b0cf8b3\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-08813851-b5f2-4ec3-a041-b296da83b91d\">\n<div style=\"position:absolute;width:231.01345%;height:100%;left:-65.50673%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/thedailyguardian.com\/wp-content\/uploads\/2025\/08\/rbireuters-c62cda-20250717194401-20250723131521.jpg\" alt=\"\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:11.65049%;top:73.94822%;width:82.03883%;height:17.79935%;opacity:1\">\n<div id=\"anim-fd67649a-6c8c-4859-8499-29821d5df63f\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-a3dbd993-4d33-4b4c-b9f2-b86146bdc0c1\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(0px, 198.38387%, 0)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" id=\"el-983a2a48-66f3-40af-af20-377e6405ac87\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:1.3350591715976328% 0;font-family:&quot;Alegreya&quot;,serif;font-size:0.404531em;line-height:1;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">RBI sees minimal impact on the economy unless India retaliates with reciprocal tariffs<br \/>\n<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"3f3e0971-ff8d-4d0a-9836-b872f7e1c5ed\" auto-advance-after=\"7s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-47c184ee-aa05-4b62-9cb3-b58e8345bb22\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":300,\"duration\":1000,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-22042d34-5f4a-455e-b1dc-e5fd9766bb2b\",\"keyframes\":{\"transform\":[\"translate3d(0px, 294.8949%, 0)\",\"translate3d(0px, 0px, 0)\"]},\"delay\":300,\"duration\":1000,\"easing\":\"cubic-bezier(0.2, 0.6, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-34ba2bf8-d071-4bef-99ff-fd6eeb93c522\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":600,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\" style=\"background-color:#000\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-dc554c76-6543-4eaf-ab6e-894933ff1b47\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:11.65049%;top:73.94822%;width:82.03883%;height:11.97411%;opacity:1\">\n<div id=\"anim-47c184ee-aa05-4b62-9cb3-b58e8345bb22\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-22042d34-5f4a-455e-b1dc-e5fd9766bb2b\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(0px, 294.8949%, 0)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" id=\"el-b6882782-eaed-45c5-961c-06bb32b78f7f\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:1.1748520710059172% 0;font-family:&quot;Alegreya&quot;,serif;font-size:0.355987em;line-height:1;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">Export sectors like engineering may lose up to $12\u202fbillion, but overall GDP impact is projected at just\u202f0.3\u20130.5 pts<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:9.70874%;top:-10.5178%;width:91.01942%;height:77.34628%;opacity:1\">\n<div id=\"anim-34ba2bf8-d071-4bef-99ff-fd6eeb93c522\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-01cce0e6-d16f-4d1b-a2a5-e0f5694d2f18\">\n<div style=\"position:absolute;width:127.46667%;height:100%;left:-13.73333%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/thedailyguardian.com\/wp-content\/uploads\/2025\/08\/GDP-GDP-2.avif\" alt=\"GDP-GDP-2\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"71d016eb-687a-44af-9461-c757af76c072\" auto-advance-after=\"7s\"><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script type=\"application\/json\">[{\"selector\":\"#anim-52f25c5e-b57a-4939-83a1-33827eb39b56\",\"keyframes\":{\"opacity\":[0,1]},\"delay\":0,\"duration\":2000,\"easing\":\"cubic-bezier(0.4, 0.4, 0.0, 1)\",\"fill\":\"both\"}]<\/script><\/amp-story-animation><amp-story-animation layout=\"nodisplay\" trigger=\"visibility\"><script 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style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-b20ebf6d-c624-45f6-843a-6f767440326a\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\"><\/p>\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:11.65049%;top:-9.2233%;width:88.34951%;height:76.53722%;opacity:1\">\n<div id=\"anim-52f25c5e-b57a-4939-83a1-33827eb39b56\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-dfc1d345-33ff-4a7d-b6b5-ea0c972c1762\">\n<div style=\"position:absolute;width:230.71879%;height:100%;left:-54.15862%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/thedailyguardian.com\/wp-content\/uploads\/2025\/08\/untitled-design-2025-05-29t142601290-696x392.avif\" alt=\"\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:11.65049%;top:73.94822%;width:82.03883%;height:18.93204%;opacity:1\">\n<div id=\"anim-1ec23e84-0d77-44ec-984e-f7ee7544041a\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:0;--initial-transform:none\">\n<div id=\"anim-0924a3f4-b4ca-48fd-8f38-f64ef81fa509\" class=\"animation-wrapper\" style=\"width:100%;height:100%;display:block;position:absolute;top:0;left:0;--initial-opacity:1;--initial-transform:translate3d(0px, 186.51471%, 0)\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" id=\"el-8cdc0bb1-59d8-4291-9475-5b67987e77e2\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;overflow-wrap:break-word;word-break:break-word;margin:1.1748520710059172% 0;font-family:&quot;Alegreya&quot;,serif;font-size:0.355987em;line-height:1;text-align:center;padding:0;color:#000000\"><span><span style=\"font-weight: 700; color: #fff\">Trump\u2019s tariffs have accelerated India\u2019s trade negotiations and reform efforts\u2014viewed by some as an opportunity, not just a threat<br \/>\n<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/amp-story-grid-layer><\/amp-story-page><\/amp-story><\/body><\/html><\/p>\n","protected":false},"excerpt":{"rendered":"<p>India is navigating rising U.S. tariffs with cautious optimism. RBI Governor Sanjay Malhotra retained the repo rate at 5.5%, revised the growth forecast slightly<\/p>\n","protected":false},"author":75,"featured_media":636773,"template":"","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","web_stories_publisher_logo":4294,"web_stories_poster":[],"web_stories_products":[],"footnotes":""},"web_story_category":[],"web_story_tag":[2909,12985,5926,12983,12980,12981,12978,12979,12984,12982,2907,2908,3879,9934,9559],"class_list":["post-636772","web-story","type-web-story","status-publish","has-post-thumbnail","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.3 (Yoast SEO v25.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Trump Tariffs Won\u2019t Derail India&#039;s Growth: RBI - The Daily Guardian<\/title>\n<meta name=\"description\" content=\"India is navigating rising U.S. tariffs with cautious optimism. RBI Governor Sanjay Malhotra retained the repo rate at 5.5%, revised the growth forecast slightly\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trump Tariffs Won\u2019t Derail India&#039;s Growth: RBI\" \/>\n<meta property=\"og:description\" content=\"India is navigating rising U.S. tariffs with cautious optimism. 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