<h1>Global Monetary Policies Converge Amid Economic Shifts; India's Growth and Digital Advances Boost Financial Resilience.</h1> The Deputy Governor of the Reserve Bank of India discussed the shift from divergence to convergence in global monetary policy at a seminar in New York. Recent global economic changes, including rate cuts by major central banks, have led to convergence, impacting financial markets and policy uncertainty. India's economic outlook remains positive, with projected GDP growth and controlled inflation. Despite global uncertainties, India has strengthened its financial system and external sector, maintaining robust capital flows and foreign exchange reserves. The country is also advancing in digital technology, enhancing financial inclusion and economic resilience.