India’s strong economic fundamentals have positioned the country as a pillar of stability in a turbulent world, Reserve Bank governor Sanjay Malhotra said on Friday.He stated that the ongoing trade policy landscape restrictions could perhaps pose permanent damage to the growth of some economies, though India remains firm.“This is quite a feat…makes India stand out as an anchor of stability in a volatile world.”Speaking at Kautilya Economic Conclave 2025, he further added, “all in all, despite recent odds, the economy seems well settled into an equilibrium of resilient growth.”Malhotra also highlighted key factors behind India’s resilience, including low inflation, healthy foreign exchange reserves, a narrow current account deficit, and robust balance sheets of banks and corporates.“We have strong Forex reserves, low inflation since February, a narrow current account deficit, a very credible fiscal consolidation path, very strong balance sheets of our banks and corporates.”“It is the combined efforts of the government’s policy makers, regulators, and regulated entities,” the RBI governor said.“Growth has been upbeat defined projections. Even though uncertainty has become a pervasive element of a contemporary discourse, its tangible effects on real economy have thus far been muted. We have more to see as to how it unfolds.”Earlier in the day, finance minister Nirmala Sitharaman also spoke at the conclave, pointing to growing trade and energy imbalances worldwide. She described India as a “stabilising force” that can weather external shocks, even as geopolitical tensions rise and global supply chains are reshaped by sanctions and tariffs.She also said that becoming Viksit Bharat by 2047 does not mean that India was to be an isolated economy. The FM also pushed India’s GDP growth target at 8% to reach the goal of a developed nation.These statements come against the backdrop of ongoing external trade issues when the US has imposed a 50% tariff on Indian imports to the country.