24 May 2025, Sat

India May Surpass Japan this year to become world fourth economy saying RBI Report

Rbi report on economy: The RBI has released its monthly report, saying that despite the uncertainty and tariff war in the global economy, the Indian economy is not only standing firmly but the pace of industrial and service sector in the month of April was faster. Citing the April 2025 forecast of the International Monetary Fund, the RBI said in its report that the Indian economy will grow at a high speed this year and be surpassing Japan to become the fourth economy in the world.

The report further states that the temporary ban on the US tariff amidst speed on the domestic front has given the market a chance to recover rapidly by mid -April. It was observed that the quarter results of some banking and financial sector companies from January to March after the Indian market fell badly due to Trump’s tariff in the beginning have changed the market stands from mid -April.

Many factor of growth

This report of RBI states that despite the global uncertainties due to policy changes, India’s trend remains positive. Also, the consumption of rural areas can be increased due to the rabi crop bumper yield and more than normal than the monsoon. The report also states that due to changing global trade and changes in industrial policies, India can work as a country among these countries, especially technology, digital services and pharmaceuticals.

The RBI said in the report that later, even though many serious challenges are seen, India is in a good position to face the current global adverse conditions with confidence. He is ready to take advantage of emerging opportunities and strengthen his role as a major motivator of global growth.

Also read: How cheap gold became or expensive? Learn your city’s latest rates on 22 May 2025

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