News

India’s economy is likely to expand 6.5% this year, making it the fastest-growing major economy in the world despite the rise in global uncertainties, according to the nation’s central bank.

“While this rate is lower than in recent years and falls short of India’s aspirations, it remains broadly in line with past trends and the highest among major economies,” Reserve Bank of India Governor Sanjay Malhotra said in a speech in Washington on Friday and posted on RBI’s website Sunday.

The outlook for global growth has taken a beating as US President Donald Trump’s tariffs spark a global trade war. To support growth, the RBI cut interest rates in early April and changed its policy stance to accommodative, signaling more easing.

“At a time when many advanced economies are facing economic headwinds and a deteriorating economic outlook, India continues to offer strong growth and stability making it a natural choice for investors seeking long-term value and opportunity,” Malhotra said.

“Furthermore, our strong domestic demand and relatively lower dependence on exports cushions the Indian economy from external spillovers,” he added.

Discover the latest Business News, Budget 2025 News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

${res.must_watch_article[0].headline}

Sensex Today RIL Q4 Results 2025 Jammu Kashmir News Live CSK vs SRH Live Score Chris Wood HDFC Securities Asaduddin Owaisi Manipur HS Result KTET Result 2025 IPL Points Table 2025

Business Markets Stocks India News City News Economy Mutual Funds Personal Finance IPO News Startups

Home Currencies Commodities Pre-Market IPO Global Market Bonds

Home Loans up to 50 Lakhs Credit Cards Lifetime Free Finance TrackerNew Fixed Deposits Fixed Deposit Comparison Fixed Income

Home MC 30 Top Ranked Funds ETFs Mutual Fund Screener

Income Tax Calculator EMI Calculator Retirement Planning Gratuity Calculator

Stock Markets

News18 Firstpost CNBC TV18 News18 Hindi Cricketnext Overdrive Topper Learning

About Us Contact Us Advisory Alert Advertise with Us SupportDisclaimer Privacy Policy Cookie Policy Terms & Conditions Financial Terms (Glossary) Sitemap Investors

You are already a Moneycontrol Pro user.