Das said India's growth is powered by the triple engines of macroeconomic stability, continuing structural reforms and efforts to build domestic capacity
The banking, financial services and insurance (BFSI) sector must take the lead in financing large infrastructure projects and advanced manufacturing to support India's ambition of becoming a developed
At the Business Standard BFSI Insight Summit 2026, Shaktikanta Das called on banks and financial institutions to boost funding for infrastructure, advanced manufacturing, green finance and MSMEs
This year's edition introduces the Smart Investor (SI) Arena, a dynamic space crafted to empower retail and next-gen investors to make sharper financial moves.
The three-day Business Standard BFSI Insight Summit begins in Mumbai on October 26, bringing together top regulators, bankers and investors to discuss key challenges facing India's financial sector
Meet the policymakers, regulators, bankers and investors shaping India's financial future, from monetary policy and market reforms to banking, insurance and investment.
The three-day Business Standard BFSI Insight Summit begins in Mumbai on October 26, bringing together regulators and industry leaders to discuss banking, markets, AI and economic growth.
In its over 75-year journey since national accounts data has been available, the economy has delivered at least an eight per cent growth rate in seven years
Shaktikanta Das said India must build stronger domestic capabilities while remaining integrated with global markets and concluding more free trade agreements
Build resilience, diversify into new growth markets and supply chains, reskill workforce
India has consistently shown remarkable resilience during global crises, not only surviving them but also transforming through the turbulence to emerge stronger, said Shaktikanta Das, Principal Secretary to the Prime Minister, on Thursday. Addressing the AIMA National Leadership Conclave here, Das said, "Through each crisis, India has not merely survived. It has in fact emerged remarkably and measurably stronger". He noted that the global economy continues to face an "unsettled and charged environment" marked by geopolitical fragmentation, supply chain disruptions and uneven growth, with risks "decisively skewed to the downside". Against this backdrop, the former RBI governor highlighted India's strong economic performance, stating that real GDP growth stood at 7.6 per cent in FY26, with an average growth of 7.8 per cent over the past five years. "India's resilience does not alone explain the full story. India did not just endure the period of turbulence. It transformed through it,
Das highlighted that India is now witnessing a rapid transformation fuelled by the so-called 'triple threat' of progress: innovation, disruption and the birth of entirely new business models
India's fiscal discipline and multiple structural strengths are creating a powerful growth multiplier, restoring policy headroom and boosting global confidence, says Shaktikanta Das
India's economy remains resilient despite geopolitical headwinds and trade barriers, with real gross domestic product projected to grow 7.4 per cent in FY26, the principal secretary to the PM said
While the liberalisation led to higher economic growth, it didn't leave the subsequent governors without any challenges
Rating agency says this would be in wake of sharp moderation in incremental LDR in February
Das' economic experience will help India at a time when the government and central bank are working in tandem to aid the economy's recovery while trying to manage geopolitical challenges
The appointment will be co-terminus with the term of the Prime Minister or until further orders, whichever is earlier, according to the appointment committee of the cabinet
Former RBI Governor Shaktikanta Das has been appointed as Principal Secretary-2 to Prime Minister Narendra Modi. His tenure will be co-terminus with the prime minister's term or until further orders
This will be the first MPC meeting since Governor Malhotra took office in December 2024, following the end of Shaktikanta Das's tenure