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India's economy shows strength amid global turmoil
The Morning Standard
|June 26, 2025
DESPITE the uncertainties in the global economy, marked by tariff wars and increasing geopolitical tensions, the Reserve Bank on Wednesday said the country's economy portrays a picture of strength, stability, and opportunity.
The provisional estimates released by the National Statistical Office (NSO) said the real GDP grew 6.5% in fiscal 2024-25, boosted by an unexpected 7.4% growth in the final quarter. In his foreword to the June issue of the monthly bulletin, governor Sanjay Malhotra said, "In this global milieu, our economy presents a picture of strength, stability, and opportunity." The global economy is in a state of flux, reeling from the twin shocks of trade policy uncertainties and a spike in geopolitical tensions, the June bulletin said.
This story is from the June 26, 2025 edition of The Morning Standard.
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