Indian economy exhibiting resilience despite high trade & tariff-related uncertainty: RBI

The Reserve Bank of India, in its May bulletin, said the Indian economy remains resilient despite rising trade and tariff-related uncertainties. It noted that global growth faces challenges due to ongoing trade tensions, policy uncertainty, and weak consumer sentiment. The IMF has lowered its global growth forecast for 2025 and 2026, with emerging economies, especially in Asia, expected to be hit hard.