The Economic Times

Broad-base rise in food prices despite monsoon recovery, RBI's state of economy report shows

India's economy shows resilience with improved domestic demand and strong activity. Food prices have seen a broad-based increase, impacting inflation targets. Global economic outlook faces challenges from West Asia conflicts and US tariffs. India's financial markets record high credit growth and comfortable liquidity. The country's macroeconomic fundamentals provide a cushion against global risks.