Trade deals to widen mkt access, says RBI bulletin

THE COMPLETION OF India—EU free trade negotiations and the interim trade agreement between India and the US are expected to expand India’s market access, diversify export destinations and sustain growth momentum, the Reserve Bank of India said in its latest State of the Economy assessment.

- FE BUREAU

The report highlights that India’s macroeconomic fundamentals remain strong despite a volatile global backdrop. Domestic economic activity stayed resilient in January, supported by robust demand, strengthening corporate sales and continued expansion in services. Industrial output remained firm, while rabi sowing concluded with higher acreage under all major crops, signalling stable rural and agricultural prospects.