India sustains economic activity momentum through June despite global uncertainty: RBI Bulletin
Summarized and contextualized by DistantNews.
At a glance
- India maintained economic momentum through June, remaining one of the world's fastest-growing major economies despite global uncertainty.
- Both industrial and services sectors showed firm indicators, with strong growth in exports and imports during the first quarter of 2026-27.
- The Reserve Bank of India noted that while global trade faces risks from West Asia tensions and supply chain disruptions, India's economy shows resilience with improving foreign investment.
New Delhi โ India sustained its economic activity momentum through June, solidifying its position as one of the globe's fastest-growing major economies amidst a challenging international economic landscape, according to the Reserve Bank of India's (RBI) latest Bulletin. The RBI highlighted that India has navigated global uncertainties, supply chain disruptions, and fragmented trading relationships while maintaining economic pace. Both industrial and services sector indicators remained robust, demonstrating the country's resilience. While the farm sector experienced an uneven southwest monsoon, the impact on food inflation is expected to be mitigated by ample foodgrain stocks. The central bank also reported strong momentum in external trade during the first quarter of 2026-27, with significant growth in both exports and imports. This trend is anticipated to be further boosted by the recent operationalization of the India-UK Comprehensive Economic and Trade Agreement and progress in other bilateral trade deals. India's external vulnerability indicators have remained sound, and a recovery in foreign investments in recent months signals renewed confidence in the nation's economic prospects. Despite global headwinds, including renewed West Asia tensions that have disrupted supply chains and heightened inflation risks, India continues to demonstrate resilience. This is supported by steady economic activity, firm performance in its industrial and services sectors, healthy external sector indicators, and increasing foreign investment inflows.
Amidst these uncertainties, India remains among the fastest growing major economies across the globe and has been able to sustain the momentum in economic activities through June.
Originally published by Times of Oman. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.