New Delhi’s economic engine shows no signs of slowing, shrugging off worldwide uncertainties as per the RBI’s fresh bulletin. Landmark trade deals with the EU and progress on a US interim agreement are set to lock in India’s high growth for the long term.
Governor Sanjay Malhotra noted that tame inflation creates policy space to nurture development without risking stability. The central bank pledges to fuel productive capacities and keep the growth pedal pressed.
Nowcasting data signals strength persisting through late 2025-26. The economy eyes 7.4% real GDP expansion this fiscal year, outpacing last year’s figures. Amid external drags, household spending and capital investments have been the heroes, offsetting a trade deficit.
Services dominate supply-side gains, with manufacturing picking up steam, targeting 7.3% GVA growth. Prospects brighten for 2026-27: agriculture thrives on ample water reserves, robust winter crops, and healthy fields.
Industry gets a lift from corporate vigor and informal sector revival; construction stays solid. Services will ride high on buoyant internal demand. Private consumption speeds on, rural spending stabilized by farm fortunes and job market upticks.
These bilateral breakthroughs with major economies signal India’s rising clout. The RBI bulletin paints a picture of sustained vigor, ready to weather storms and seize opportunities ahead.