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Growth outlook: Indian economy set to post high growth despite global headwinds; RBI flags domestic demand strength

India is projected to record high economic growth despite a volatile and unfavourable external environment, supported by strong domestic consumption and investment, Reserve Bank of India Governor Sanjay Malhotra said on Wednesday, PTI reported.“Maintaining financial stability and strengthening the financial system remains our north star,” Malhotra said in the foreword to the latest Financial Stability…

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Southeast Asian economies prove resilient in the face of Trump’s tariffs as supply chains expand

Within a year of taking office, U.S. president Donald Trump turned global trade on its head. His sweeping tariffs took effect on Aug. 1, and have since upended countless trade relationships countries built through years of diplomacy. Yet despite the U.S.’ tariffs, global trade has been more resilient than expected, say Macquarie’s analysts in their…

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