CosmicTaco

India's Economy Set for Robust Growth in 2025

CosmicTaco · 2024-12-30T22:06:41.713978+05:30

- RBI Governor Sanjay Malhotra forecasts a 6.6% GDP growth for 2024-25, driven by high consumer and business confidence. - Despite global uncertainties, the Indian economy is expected to recover in the second half of the fiscal year, supported by strong services exports and government investment. - The Financial Stability Report highlights the resilience of India's financial system, with banks maintaining strong capital levels and profitability. Source: [Mint](https://www.livemint.com/industry/banking/consumer-business-rbi-governor-sanjay-malhotra-economy-gdp-mpc-fsr-macroprudential-policy-trade-11735560297081.html), [Asianet Newsable](https://newsable.asianetnews.com/india/india-s-economic-outlook-optimistic-forfy25-rbi-report-forecasts-gdp-growth-at-6-6-pc-dmn-spb68h)

RBI Governor Sanjay Malhotra forecasts a 6.6% GDP growth for 2024-25, driven by high consumer and business confidence.
Despite global uncertainties, the Indian economy is expected to recover in the second half of the fiscal year, supported by strong services exports and government investment.
The Financial Stability Report highlights the resilience of India's financial system, with banks maintaining strong capital levels and profitability.

Source: Mint, Asianet Newsable