Likely moderation in economic activity, near-term growth outlook shows cautious resilience: Finance Ministry

Likely moderation in economic activity, near-term growth outlook shows cautious resilience: Finance Ministry

The Finance Ministry said India's macroeconomic position in May 2026 reflects cautious resilience, adding that strong services exports, adequate foreign exchange reserves and a stable labour market provide a firm foundation

Likely moderation in economic activity; near-term growth outlook shows cautious resilience: FinMin - OrissaPOST

New Delhi: 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 Saturday. However, domestic fundamentals remain broadly intact, manufacturing and services PMIs are in expansionary territory, the labour market is stable, …