Fri Oct 03 10:21:53 UTC 2025: Okay, here’s a news article based on the provided text, along with a summary of the text itself:
**Summary of Text:**
The text is a news snippet from *The Hindu*, published on October 3, 2025, reporting on a statement made by Reserve Bank Governor Sanjay Malhotra at the Kautilya Economic Conclave 2025. Governor Malhotra highlighted India’s strong macroeconomic fundamentals, citing low inflation, healthy foreign exchange reserves, a manageable current account deficit, and strong balance sheets for banks and corporations. He attributed India’s stability to the combined efforts of policymakers, regulators, and businesses and asserted that India stands out as an “anchor of stability” in a volatile global economic environment.
**News Article:**
**India Remains ‘Anchor of Stability’ in Volatile World, Says Reserve Bank Governor**
**New Delhi – October 3, 2025** – India’s robust macroeconomic fundamentals have positioned it as a pillar of stability amidst global economic uncertainty, according to Reserve Bank Governor Sanjay Malhotra. Speaking at the Kautilya Economic Conclave 2025 today, Governor Malhotra cited key indicators such as low inflation, ample foreign exchange reserves, a narrow current account deficit, and the strong financial health of Indian banks and corporations as evidence of the nation’s resilience.
“It is the combined efforts of the government’s policy makers, regulators, and regulated entities that have contributed to this positive outcome,” Governor Malhotra stated. He emphasized that India has successfully navigated recent economic challenges to achieve “an equilibrium of resilient growth,” distinguishing it as a stable force in an otherwise turbulent global landscape. The Governor’s remarks offer an optimistic outlook on India’s economic trajectory and its ability to weather international economic pressures.
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