India’s Economy Is Withstanding Global Risks, RBI’s Das Says

Shaktikanta Das

Photographer: Kent Nishimura/Bloomberg
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The Indian economy is “sailing through smoothly,” even as global growth faces accelerating risks ranging from geopolitical tensions to climate change, according to the country’s central bank governor.

The world’s fastest-growing major economy is “powered by buffers like strong macroeconomic fundamentals, stable financial system and a resilient external sector,” Reserve Bank of India Governor Shaktikanta Das said at a CNBC-TV18 event in Mumbai on Thursday.