Bharat Express

India’s Economy

India's financial system has grown more resilient and diverse over the past few years, driven by rapid economic growth.

India’s economy is showing signs of robust growth as retail inflation eased to 3.61% in February, dropping below the 4% mark.

The ongoing Maha Kumbh has emerged as one of India’s most significant economic events, generating over Rs 3 lakh crore ($360 billion) in trade.

The Indian economy is in a very stable political regime and with recent wins in various assembly elections and a good budget.

India's economy continues to experience rapid job creation, with a remarkable 4.67 crore additional jobs generated in the financial year ending March 2024.

The RBI has opted to keep the repo rate steady at 6.5% for the 11th straight time, reinforcing its neutral monetary policy stance.

India achieves an outstanding outcome in the Mutual Evaluation conducted during 2023-24 by Financial Action Task Force (FATF).