While inflation continues to be above the comfort zone, the economy has continued on its recovery path, supported by pent-up demand for services and higher industrial output.
New Delhi: Rising inflation rates notwithstanding, India will be the fastest growing economy in the world this year, a top government source said on Thursday.
While inflation continues to be above the comfort zone, the economy has continued on its recovery path, supported by pent-up demand for services and higher industrial output.
The government, the source said, is taking continuous steps and engaging with the RBI to bring down inflation.
Inflation has stayed above the upper tolerance limit of 6 per cent for six straight months.
There is no chance of growth slowing and India will be the fastest growing economy this year and the next, the source added.
On swelling trade deficit, the source said the current account deficit (CAD) should steady going forward.
The government is continuously monitoring borrowing cost, the source said.
Regarding cryptocurrency, the source said caution is necessary and the recent WazirX episode has exposed many darker sides of crypto transactions.
On GST, the source said a group of ministers from the states is likely to submit to the Finance Minister its report on taxing casinos.
The first international concert from abroad in 2026 and the 2nd consecutive year of the monthly Carnatic Music concert series of the International Chamber, Parakkadathu Koyickal Trust, Tripunithura, Kerala, have been hosted from OHIO, U.S.A. Vocal Sangeetha Vidushi Ms. Dhivya Senthil Murugan, Violinist Ms. Medha Lalyt Iyer, and Mridangam Vidwan Sri Lalit Subramanian have accompanied on 13-02-2026 from OHIO, USA.
March 22, 2026
SRUTHI MATHAA… LAYA PITHAA… The International Chamber for Indian Music & Culture, an international initiative of Parakkadathu Koyickal Trust, Tripunithura, Kerala, has hosted the 2nd
