Mint Quick Edit | India's economy: the matter for cautious optimism

Copyright © HT Digital Streams Limit all rights reserved. With the global unrest still to show in Indian prices, we must keep a watch out for any uptick in the cost of living. (HT) Summary The Indian economy has so far proven quite resilient in the midst of global turmoil, although some adversity continues. Looking forward, we can’t afford to let our price threats down. As uncertainty is heavy over the global economy, countries around the world are striving hard to keep their economies protected. In this background, it is encouraging that India seems to be well weathered, by an article written by several writers on the State of India and published by the Reserve Bank of India (RBI) in its monthly Bulletin. Also read: Dynamics at work: India’s economy has led Nestle from the Sensex -different high -frequency indicators, he said in May showed resilience in industrial and service sectors, even though inflation remained under the RBI’s 4% goal for four consecutive months. That said, corporate results show a less horrible picture, with revenue of listed private non-financial enterprises growing in the last quarter of 2024-25. However, profitability has increased. This indicates efficiency management and cost-saving measures amid poor demand conditions. Also read: Execution: India must move goods like a horse to trade like a tiger with a global trade in Indian prices. While RBI has changed its focus on growth support by reducing its policy rate this month by a half-percentage point, a sharper than expected price slope may upset its calculation. Other central banks have used a cautious approach. We must also remain vigilant. Also read: To lower the rates in a daring or measured way, a classic dilemma of monetary policy is all business news, market news, news events and latest news updates on Live Mint. Download the Mint News app to get daily market updates. More Topics #indic Economy #rbi #inflation Read Next Story