Bs BFSI Summit 2025

India’s economy is performing better than expected and is likely to post growth north of 6.7 per cent in the current financial year, Chief Economic Advisor (CEA) V Anantha Nageswaran said on Wednesday, noting that earlier concerns about a slowdown have eased significantly.

 

Speaking at Business Standard’s annual BFSI Summit 2025 in Mumbai, Nageswaran said, “The economy is doing as well as it can and better than what we feared a couple of months ago.”

 

He pointed out that as recently as two months ago, growth projections hovered around 6 per cent due to global uncertainties, including the high US tariff actions taken under President Donald Trump. “Now, people are wondering whether it’ll be 7 per cent or above,” he added.