Reserve Bank of India has said that the Indian economy will retain its position as the fastest-growing major economy during 2025-26.
In its annual report, the RBI said, a pickup in private consumption, healthy balance sheets of banks and corporates, easing financial conditions and the government’s continued thrust on capital expenditure will help the Indian economy maintain its growth.
The report said that the manufacturing sector is expected to gain further traction in 2025-26, supported by improvement in domestic demand, higher capacity utilisation, healthy balance sheets of corporates and banks, and consumer and business optimism.
The government’s focus on widening the manufacturing base and the policy support through the ongoing PLI scheme and National Manufacturing Mission announced in the Union Budget 2025-26 is expected to further strengthen the ‘Make in India’ initiative, RBI said.
Get Latest News Live on MTIMES along with Breaking News and Top Headlines, Political News and around The World.
You May Like
Trending Searches Today |
Watch Raid 2 Trailer: Ajay Devgn, Riteish Deshmukh Set For Epic
- DYNAMIC ISLAND COMES TO IPHONE 15 — Dynamic Island bubbles up alerts and Live Activities — so you don’t miss them while …
- INNOVATIVE DESIGN — iPhone 15 features a durable color-infused glass and aluminum design. It’s splash, water, and dust r…
- 48MP MAIN CAMERA WITH 2X TELEPHOTO — The 48MP Main camera shoots in super-high resolution. So it’s easier than ever to t…
- 15 cm (6.1-inch) Super Retina XDR display
- Cinematic mode adds shallow depth of field and shifts focus automatically in your videos
- Advanced dual-camera system with 12MP Wide and Ultra Wide cameras; Photographic Styles, Smart HDR 4, Night mode, 4K Dolb…
- BUILT FOR APPLE INTELLIGENCE — Apple Intelligence is the personal intelligence system that helps you write, express your…
- TAKE TOTAL CAMERA CONTROL — Camera Control gives you an easier way to quickly access camera tools, like zoom or depth of…
- GET FURTHER AND CLOSER — The improved Ultra Wide camera with autofocus lets you take incredibly detailed macro photos an…