Try GOLD - Free
RBI Highlights Domestic Resilience
Mint Chennai
|July 24, 2025
The central bank expects India's GDP to grow at 6.5% in 2025-26, lower than the 6.7% it had projected in April
India's domestic economy held steady in June and July, showing resilience amid global macroeconomic uncertainty driven by geopolitical tensions and trade-related risks, the Reserve Bank of India (RBI) said in its latest monthly State of the Economy report.
The central bank said that improved prospects for kharif or monsoon crops, steady momentum in the services sector and modest industrial growth supported overall activity.
"Domestic economic activity held up, with improving kharif agricultural season prospects, continuation of strong momentum in the services sector and modest growth in industrial activity," RBI said, highlighting the economy's relative stability amid external headwinds.
This story is from the July 24, 2025 edition of Mint Chennai.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Chennai
Mint Chennai
Strait stays blocked even as hundreds of ships seek transit
The Strait of Hormuz appeared to remain largely blocked on Wednesday, as shipowners try to understand if they can safely transit the vital waterway following a ceasefire between the US and Iran that was announced overnight.
2 mins
April 09, 2026
Mint Chennai
Electric car makers appeal to Karnataka to review new tax
Firms say a 5-10% lifetime tax on EVs could impact the investment outlook for the industry
2 mins
April 09, 2026
Mint Chennai
Neo plots ₹2,000-crore realty debut
At a time when global geopolitical tensions are making foreign investors cautious, Neo Alternative Asset Managers is doubling down on domestic credit with plans to raise ₹1,500-2,000 crore for its maiden real estate fund, its managing director Kaushik Desai told Mint in an interview.
2 mins
April 09, 2026
Mint Chennai
Prestige Estates hits pre-sales mark of ₹30,000 cr in FY26
Prestige Estates Projects
1 mins
April 09, 2026
Mint Chennai
Already heavy on equity funds: should you diversify into realty?
At 40, I got a ₹75 lakh windfall. I already have a portfolio with 60% towards equity mutual funds. Does adding real estate make sense for long-term diversification and retirement planning? How should one balance risk and returns for goals like retirement and children’s education over the next 6-8 years, and what kind of tax-efficient allocation and rebalancing strategy would you suggest? —Name withheld on request
1 mins
April 09, 2026
Mint Chennai
'Chinamaxxing': How it might help Asian cities out of hot oil
They should follow China’ lead in electrifying urban transport
3 mins
April 09, 2026
Mint Chennai
TOGETHER, LET US EMPOWER WOMEN, REBUILD SOCIETY
In the coming days, India will be immersed in a festive season— Rongali Bihu in Assam, Maha Bishuba Pana Sankranti in Odisha, Poila Boishakh In West Bengal, Vishu in Kerala, Puthandu in Tamil Nadu, and Baisakhi in Punjab and other parts of North India.
3 mins
April 09, 2026
Mint Chennai
India FY27 growth may decline to 6.6%: WB
India's economy faces a substantial hit from energy shocks and trade disruptions caused by the West Asia conflict.
1 min
April 09, 2026
Mint Chennai
Paint cos get relief, but will it last?
Despite competitive pressures, paint companies have opted for price hikes to tackle input cost inflation.
2 mins
April 09, 2026
Mint Chennai
A viral row revives an untold story of Tik Tok-era creators
Before its ban, TikTok had 200 mn Indian users, opening social media to small-town creators
3 mins
April 09, 2026
Listen
Translate
Change font size