New Delhi, Feb. 28 -- Despite global uncertainties, India's economic momentum is expected to remain strong, driven by robust rural demand and a revival in urban consumption, according to Chief Economic Adviser V Anantha Nageswaran.

During a briefing on the Q3 GDP numbers, Nageswaran expressed optimism about India's medium-term economic prospects. He cited strong rural demand, recovering urban consumption, robust kharif production, and better rabi sowing as positive indicators for output growth.

The country's economic growth rose to 6.2% in the third quarter of FY25, up from 5.4% in the previous quarter

In terms of challenges, Nageswaran noted that inflation, sluggish export growth, stock market volatility, a strong US dollar, and risin...