RBI warns of global financial turmoil while India growth stays steady says Shaktikanta Das

Equity bonds and currencies hit turbulence worldwide

RBI Governor Shaktikanta Das says the global economy is entering a fresh storm, with financial markets across countries thrown into turmoil. He notes stress is showing up across equity, bond and currency segments. Despite the global volatility, Das adds that economic activity in India remains stable, offering some cushion for the domestic outlook.