India shines even as global uncertainities weigh down advance economies: RBI
Despite global economic headwinds, India's economy demonstrates resilience, supported by stable monetary and fiscal policies. High-frequency data indicates sustained momentum in industrial and service sectors, with record GST collections signaling strong economic activity. Agriculture is expected to bolster growth, while inflation trends show positive signs, though domestic financial markets experienced some pressure.
Despite global economic headwinds, India's economy demonstrates resilience, supported by stable monetary and fiscal policies. High-frequency data indicates sustained momentum in industrial and service sectors, with record GST collections signaling strong economic activity. Agriculture is expected to bolster growth, while inflation trends show positive signs, though domestic financial markets experienced some pressure. What's Your Reaction?
