Bhubaneswar, Feb. 20 -- High-frequency indicators suggest a sequential pick-up in India's economic activity during the second half of 2024-25, with this momentum likely to persist in the coming months, according to the latest RBI monthly bulletin.

In an increasingly challenging and uncertain global environment, the Indian economy is poised to maintain its position as the fastest-growing major economy in 2025-26, as projected by the IMF and World Bank with GDP growth estimates of 6.5 percent and 6.7 percent, respectively, the report highlights.

It also mentions that the Union Budget for 2025-26 strikes a prudent balance between fiscal consolidation and growth objectives, with continued emphasis on Capex and measures aimed at boosting hou...