The Reserve Bank of India’s report issued October 20 2025 highlighted that India’s economy is showing resilience, driven by a revival in domestic consumption despite weak external trade. The RBI noted that internal demand across sectors is supporting growth, even as global economic volatility persists. The report also flagged that external vulnerabilities remain, including moderation in exports and capital inflows. The central bank said inflation pressures are easing and credit growth remains stable, but stressed that vigilance is needed as global shocks could still impact the growth trajectory.