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Date: 24/04/2025

Indian economy seen less affected by global trade wars: RBI
 
The Indian economy could remain less affected by global trade wars than other countries because the two engines of domestic growth — consumption and investment — are likely to face a limited impact from such headwinds, according to an article on the ‘State of the Economy’ in the  Reserve Bank of India’s (RBI’s) bulletin. The report said India’s ability to withstand global headwinds stems from its robust growth, fostered by a strong macroeconomic framework and moderating inflation, with robust domestic engines of growth. The report said that the liquidity measures taken by the central bank since the middle of January had helped to maintain orderly conditions in the money market with softening rates and spreads amid improving liquidity, also evident in softening short-term rates for certificates of deposits, commercial paper, and Treasury bills, said a report.
 
Source: Exim News Service: Mumbai, April 23