Raghuram Rajan urges India to reconsider Russian oil buys like Trump wants

Former RBI Governor Raghuram Rajan has urged India to reconsider Russian oil imports after the Trump administration imposed 50% tariffs on New Delhis purchases. Rajan said refiners benefit from profits but exporters bear the tariff cost, calling the move a wake-up call for India to diversify trade and reduce reliance on any single partner.