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India’s domestic fundamentals strong, rising public debt poses global risks: RBI Governor

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India’s domestic fundamentals strong, rising public debt poses global risks: RBI Governor

India’s domestic fundamentals strong, rising public debt poses global risks: RBI Governor

New Delhi, May 2 (SocialNews.XYZ) The Reserve Bank of India (RBI) Governor Sanjay Malhotra said that India's macroeconomic fundamentals remain robust despite geopolitical tensions and flagged risks from high public debt in major economies. The RBI Governor warned that continued fiscal expansion abroad, together with rising defence spending amid geopolitical tensions, could strain global fiscal sustainability. He cautioned that stretched…

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