Mumbai, May 4 -- Sanjay Malhotra, Governor, Reserve Bank of India has highlighted India's economic resilience amid global turbulence. In his keynote address at the 25th FIMMDA-PDAI Annual Conference, he noted that against a challenging global backdrop, the Indian economy has shown remarkable resilience. Since the pandemic, India has consistently been among the fastest-growing major economies in the world. This performance reflects a combination of strong macroeconomic fundamentals, structural reforms, and prudent macroeconomic management.

Growth impulses in the economy have remained robust. Domestic demand continues to be supported by strong consumption and public investment. The government's emphasis on capital expenditure has helped cr...