India’s economy continues to show resilience despite rising global uncertainty, according to the Reserve Bank of India’s (RBI) June Bulletin released on Wednesday.
An article in the bulletin stated that the global economy remains in flux, hit by trade policy changes and growing geopolitical tensions.
The RBI noted that various high-frequency indicators for May 2025 reflect steady economic activity in India. Both the industrial and services sectors showed strong performance.
The article added that agriculture also saw a broad-based increase in output across most major crops during 2024-25.
Inflation stayed below the target for the fourth straight month in May, keeping the domestic price situation stable.
The bulletin further observed that financial conditions remain favourable. This has helped in the smooth transmission of recent rate cuts to the credit market.
The central bank clarified that the views in the article on the “State of the Economy” are those of the authors and do not reflect RBI’s official stance.
Also Read: CMD Upendrra Rai Pays Special Tribute To Swami Sahajanand Saraswati On His 75th Death Anniversary
Rajnath Singh briefed his Belarusian, Tajik, Kazakh, and Chinese counterparts on the Pahalgam terror attack…
On the occasion of Ashadhi Bij, Prime Minister Narendra Modi conveyed his best wishes to…
Indian stock markets opened in the green on Friday, buoyed by US President Donald Trump’s…
Kevin Spacey took part in an onstage interview at IGSF in Rimini, Italy & spoke…
President Droupadi Murmu and PM Narendra Modi extended their heartfelt greetings to devotees on the…
Defence Minister Rajnath Singh met Chinese Defence Minister Admiral Dong Jun during the SCO Defence…