New Delhi, May 22 -- Reserve Bank of India officials have characterised the country's economic outlook as one of 'cautious optimism' despite persistent global uncertainties, according to the May edition of the RBI Bulletin.

The assessment comes as policymakers worldwide grapple with shifting economic landscapes and ongoing vulnerabilities that continue to cloud the global economic outlook.

India is projected to maintain its position as the fastest-growing major economy in 2025, according to April projections from the International Monetary Fund.

The country is also expected to surpass Japan this year to become the world's fourth-largest economy, RBI officials noted in their State of the Economy article published in the bulletin.

The c...