India, Aug. 13 -- Expressing optimism over India's economic condition, Finance Minister Nirmala Sitharaman has assured industry leaders that the Reserve Bank of India (RBI) and the government are on the same page as regards to efforts that are required to boost the economy. She added that there was an atmosphere of certainty and cordiality between the RBI and the government. She said that even with some moderation, India is still the fastest-growing large economy and with the government and the RBI working together in synergy in a cordial relationship, the ecosystem will help incentivize investments.

High-frequency indicators like auto sale and core sector growth numbers are pointing towards a slowdown in the economy. Besides, the problems...