Likely moderation in economic activity, near-term growth outlook shows cautious resilience: Finance Ministry
With forecasts pointing to a below-normal monsoon and a likely moderation in economic activity, overall consumption demand may face headwinds in the coming months, and the near-term outlook for the Indian economy is one of cautious resilience, the Finance Ministry said in a report on Saturday (May 30, 2026). However, domestic fundamentals remain broadly intact,…