High frequency data show economic growth likely to stay strong in Q2, said Reserve Bank of India Governor Sanjay Malhotra, according to MPC minutes released on October 15.

"External demand is likely to stay lukewarm on trade, tariff woes. Growth looks strong by current reckoning, but outlook softer," added Malhotra.

Benign headline, core CPI outlook gives space to aid growth, he added.

Earlier this month, RBI Monetary Policy Committee decided to keep the key interest rate unchanged.

"Policies of RBI, government should help economic growth going ahead. Tariff-related uncertainties are still evolving," said Malhotra.

He added that MPC avoided rate cut in October as "it will not have desirable impact" despite space for it.

MPC member Ram Singh said case for another rate cut has become s

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