From Financialexpress · FE Bureau · · 50s
India Resilient to Global Shocks
RBI bulletin shows India's economy weathering global shocks but inflation risks climb.
In brief
RBI bulletin shows India's economy weathering global shocks but inflation risks climb. India's economy remains resilient to global shocks despite rising inflation and geopolitical risks as RBI raises policy rate to 5.5%. Originally reported by Financialexpress.
RBI October Bulletin
India's economy has remained resilient to global shocks, supported by robust domestic demand, sustained manufacturing and services activity and improving exports.
“The Indian economy has withstood the shocks well”
IMF Growth Forecast
RBI raised its 2026-27 growth projection to 7% by 60 basis points, citing stronger-than-expected economic momentum.
“The indian economy has withstood the shocks well”
Inflation Risks
Consumer price index inflation rose to 5.5% in September, driven by food, fuel and core components.
“In october so far (till 19th), high-frequency data suggest broad-based increase in food prices”
Policy Response
RBI raised policy repo rate by 25 basis points to 5.5% and shifted stance from neutral to calibrated tightening.
“The indian economy has withstood the shocks well”
What to remember
India's economy remains resilient to global shocks despite rising inflation and geopolitical risks as RBI raises policy rate to 5.5%.
