MUMBAI, India, June 25 -- Reserve Bank of India issued the following press release:

Today, the Reserve Bank released the June 2025 issue of its monthly Bulletin. The Bulletin includes bi-monthly monetary policy statement (June 06, 2025), two speeches, five articles and current statistics.

The five articles are: I. State of the Economy; II. Financial Conditions Index for India: A High-Frequency Approach; III. Balance Sheet Channel of Monetary Policy Transmission: Insights from Indian Manufacturing Firms; IV. Drivers of CD Issuances: An Empirical Assessment; and V. Predicting CPI inflation in India: Combining Forecasts from a 'Suite' of Statistical and Machine Learning Models.

I. State of the Economy

The global economy is in a state of fl...