India has recorded a higher GDP growth rate than China despite remaining one of the largest importers of Chinese goods. According to the latest economic data, China's economy expanded by 4.3% during the April–June quarter, down from 5% in the January–March quarter. The slowdown has surprised economists and reflects growing challenges facing the world's second-largest economy.
The Reserve Bank of India (RBI) has decided to keep the repo rate unchanged at 5.25 percent in its June 2026 monetary policy review, signaling a cautious approach as policymakers navigate global uncertainties, currency pressures, and evolving domestic economic conditions. The decision was announced by RBI Governor Sanjay Malhotra following the latest meeting of the Monetary Policy Committee (MPC).
