New Delhi, Oct. 3 -- Despite higher US tariffs, trade restrictions, and global uncertainties, India's economy shows resilience, says RBI Governor Sanjay Malhotra at the Kautilya Conclave.

He cited India's strong macro fundamentals-including robust foreign exchange reserves, low inflation, a narrowing current account deficit, and sound bank balance sheets-crediting policymakers and market participants for stability.

Highlighting domestic growth prospects, Malhotra said, "India's past years' growth gives us the confidence that India can grow at 7-8 percent," while reaffirming the RBI's focus on price stability alongside growth.

He mentioned the ongoing review of the inflation-targeting framework, clarifying, "The Reserve Bank has a view ...