Indian economy: The Reserve Bank of India (RBI) said on Thursday that the country (Financial Year 2025-26) will also remain the world’s fastest growing major economy in FY 2025-26. The RBI said in its annual report that monetary policy should be helpful for future growth due to the slow pace of gentle inflation landscape and GDP (GDP) (GDP) expansion.
The fastest growing major economy: The central bank said in the latest report that the Indian economy will be the fastest growing major economy in 2025-26, taking advantage of its strong large economic infrastructure, strong financial sector and commitment to sustainable development. This marked as a positive aspect for negative risk and inflation approach to the approach of development and inflation approaches to the uncertainties arising due to instability in the global financial market, geopolitical stress, disruption in the supply and climate.Also Read: India becomes the fourth largest economy in the world, Japan beaten, per capita income increased
The report states that a change in fee policies resulted in the effects of instability in the financial markets and exports may face adverse conditions due to introverted policies and fees wars.
The RBI said that signing and negotiating India’s trade agreements will help limit these effects. Also, service exports and arrivals will help ensure that the current account deficit in the new FY (2025-26) is notable manageable. The central bank has cut major policy rates in 2 consecutive reviews.Also Read: CM Yogi claims, UP’s economy will be number 1 in 3 years
Inflation conforms to the target of 4 percent: The annual report said that now in a period of 12 months, there is more confidence in conforming to the target of 4 percent of the total inflation. It suggested that banks need to deal with both trade and bank risks keeping in mind the dynamic nature of interest rate risk, especially in view of the decrease in net interest ‘margin’ (profit). (Language)
Edited by: Ravindra Gupta
