Former RBI Governor Raghuram Rajan said the steep tariffs imposed on India by US President Donald Trump had little to do with New Delhi's Russian oil purchases, arguing instead that the dispute stemmed from "personalities" and a diplomatic disagreement over credit for de-escalating India-Pakistan tensions.

"I don't think Russian oil purchases were ever the central issue. You just saw yesterday, he (Trump) waved the purchase of oil by Viktor Orbán in Hungary - that's okay. I don't think that was the central issue," Rajan said while responding to a question on whether India was cutting Russian oil imports to please Trump. Advertisement

Rajan said the trigger lay elsewhere. "The central issue was more personalities, and especially a personality in the White House and how they treated cert

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