credits- jagran josh
India’s economy continues to demonstrate remarkable resilience, even as global uncertainties weigh on financial markets and economic growth worldwide, the Reserve Bank of India (RBI) has noted in its latest assessment. The central bank pointed to strong domestic demand, robust industrial output, and a steady financial sector as key factors driving the nation’s economic stability.
Despite concerns over geopolitical tensions, fluctuating commodity prices, and monetary tightening in advanced economies, India’s growth momentum has remained largely intact. The RBI emphasized that sectors such as manufacturing, services, and infrastructure development have played a crucial role in sustaining economic activity. Additionally, strong consumer spending and government-led capital expenditure have further bolstered growth.
Inflation, a critical concern for many global economies, has been moderating within the RBI’s target range, thanks to effective monetary policies and supply-side interventions. The central bank remains cautious, however, about potential risks from volatile oil prices, supply chain disruptions, and external shocks that could impact inflationary trends.
India’s banking sector remains strong, with healthy credit growth and low levels of non-performing assets (NPAs). The RBI also pointed to steady foreign exchange reserves and a stable currency as factors that continue to support economic confidence.
