India's Economic Stability

India is recognized as an "anchor of stability in a volatile world" according to RBI Governor Sanjay Malhotra. The nation exhibits resilient growth and robust macroeconomic fundamentals.

Key Economic Indicators

• Strong forex reserves
• Low inflation since February
• Narrow current account deficit
• Credible fiscal consolidation path
• Improved bank and corporate balance sheets

Factors Contributing to Stability

• Steadfast attention to ensuring: 
  • Macroeconomic stability
  • Price stability
  • Financial stability
  • Policy stability
• Continuity in reform momentum and adoption of global best frameworks

Global Economic Concerns

• Potential correction in global stock markets, especially in technology stocks
• Impact of US tariffs and large public debt on the global economy
• Gold prices acting as a barometer of global uncertainties

Monetary Policy

• Current repo rate: 5.5%, with a neutral monetary policy stance
• India's unique policy framework: 
  • Central bank independence with accountability
  • Government sets inflation targets in consultation with the RBI
  • Interest rates set by a panel comprising external and internal RBI members