India's Chief Economic Advisor, V Anantha Nageswaran, expressed confidence in India's strong growth narrative despite a decline in GDP growth to 5.4 percent in the second quarter of the current financial year.

Nageswaran cautioned against overinterpreting this dip and emphasized the importance of not overshadowing the underlying economic fundamentals. He highlighted the resilience of private consumption and the improvement in exports, even in the face of global uncertainty.

Nageswaran's remarks underscore the belief that India's overall economic trajectory remains positive, encouraging stakeholders to maintain confidence in the country's growth potential.