Indian economic activity has been maintained, with the development of Kharif Agricultural Season Powpects, maintaining activity of servicas.unt.
“System liquidity remains in excess to facilitate a faster shipping of policy rate cuts in credit markets.
The external sector remains renewed, sponsored by many foreign exchange reserves and a modest extrat-to-GDP signs for indicative activity recorded in moderate June.
“The growth of rural advancement remains renewed and accompanied by urban activity recovery,” said the RBI.
“Between economic insecurities, the frontal spending of central and state governments, with a foctors referred to Private Capex.
All of all, among a challenging global environment, Indian economy shows strength, central bank bulletin says.
“High-frequency indicators suggest strength to united needs. The momentum of growth for the agricultural and service sector while the growth of the industry remains moderate.
“High-frequency indicators for general economic activity indicate mixed signals in June. E-Way tax collection shows Goursed and GST collections).
