India’s strong service exports and inward remittances will provide buffers for current accounts. However, in times of turbulence, India needs calibrated policy support.
“Calcified policy support can help India transform global volatility into opportunities and strengthen its position in the emerging world economic environment. India’s continued strength in service exports and remittance inflows continues to provide a significant buffer for the current account,” said the RBI researchers. These views are not necessarily central banks.
The report said that despite global headwinds emitting strong global headwinds due to trade tensions, the Indian economy remains resilient to strong domestic growth impulses and voice macro-difficult problems. The economic outlook for surveys conducted by consumers and businesses on central banks remains optimistic.
Title CPI inflation fell to a 67-month low of 3.3% in March 2025, mainly due to continued moderation in food prices. However, core inflation (excluding food and fuel CPI) remained stable at 4.1%, and gold contributed 22.8%. Global commodity prices have recently declined due to slowing expectations for global growth, which has relieved some of the pressure on import inflation.
Going forward, global financial conditions may remain volatile and emerging market economies are vulnerable to feedback loops and spillovers, which could lead to a re-click on global inflation. The accuracy of global commodity prices may reduce the pressure on commodity pressures in commodity importers, although currency pressures may tend toward these benefits, and the growth of these currencies depends on these benefits. and regulate inflation, with a strong domestic growth engine.
In a comfortable reservoir location, the agricultural sector is expected to maintain its momentum and gain rich momentum in a comfortable reservoir. However, it is necessary to monitor the risk of rising temperatures above normal levels and the possibility of heat waves.
India’s foreign exchange reserves are worth US$677.8 billion, enough to repay 11 months of imports within about 11 months of imports at the end of December 2024.
