Prime Minister Narendra Modi on Tuesday inaugurated the Global Fintech Fest (GFF) 2026 in Mumbai and addressed the gathering, hailing India's growth performance, its improved sovereign rating and the reach of the Unified Payments Interface.
Speaking about India's economic performance against a difficult global backdrop, the Prime Minister said, "All of you are well aware of the current global situation. The world is passing through a phase of conflicts and uncertainty. There is pressure on energy and commodity supply chains. There is tension regarding trade. This situation has persisted for months now. The April-June quarter has been the most challenging. Even then, when India grows by 7.8 per cent, the world sees a fresh hope."
