India’s economic momentum remains high with 6.5 pc real GDP growth amid global tensions
07-Jul-2025 02:49 PM 2226
New Delhi, July 7 (Reporter) India’s economic momentum remains untouched with a 6.5% GDP growth mark between the period of 2024-25, leaving other major economies behind in the race. Moreover, the RBI (Reserve Bank of India) is expecting the same rate continuation also for 2025-26. RBI Governor Sanjay Malhotra also highlighted that the Indian economy is playing a prime role in global growth due to its strong domestic growth drivers, sound macroeconomic fundamentals, and prudent policies. It’s a remarkable achievement for India as it came in the time of rising global tensions. Projections of the United Nations and the Confederation of Indian Industry also infuse optimism in the Indian economy. This achievement is subject to multiple factors like the growth of domestic demand, the rise of spending capacity in cities, and the thriving of private investments. Moreover, businesses are also expanding their operational capacity and working at maximum output levels. On the other hand, the United Nations has termed the world economic situation as a “precarious moment.” The report took into consideration trade tensions, uncertain policies, as well as a reduction in cross-border investments. The Reserve Bank of India Financial Stability Report, which was released in June 2025, also highlighted the favorable inflationary conditions in the country. Prices of consumer goods will remain stable due to high crop production. India’s capital market is also at a positive stage, and the results are visible as the stock markets maintained their strong performance in December 2024 with a mark of 13.2 crore compared to the 4.9 crore of 2019. This optimism is revealing a great public interest in the equity market with a belief in the country's economic system. The Foreign Exchange reserves also came to the mark of USD 697.9 billion as of June 20, 2025. This is good news for the Indian economy as these reserves are ideal to cover the imports for 11 months in times of recession or global economic shocks. External debt also remains at a moderate level at a mark of 19.1 % of the GDP as of March 2025. The export performance of the country also remains to highlight the strong economic conditions. The total exports touched the mark of USD 824.9 billion in 2024-25. It’s almost 6.01% higher than the period of 2023-24, which was USD 778.1 billion. The positive outlook of the Indian economy in different sectors showed a deep sense of stability and direction among policymakers. With real GDP (Gross Domestic Product) rising at a mark of 6.5% and inflation continuing to remain low, it marks the balanced expansion and price stability of the Indian economy. Sectoral growth of manufacturing, infrastructure, and services is also noted in these years...////...
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