New Delhi, April 25 -- India's economy continues to show signs of stability and resilience despite global uncertainties, according to EY's Economy Watch report.

The report highlights encouraging trends in inflation control, fiscal performance, and overall economic activity, even as the global economy faces challenges due to trade tensions and slowing growth.

The report adds, "Available high-frequency data for February and March 2025 point to an evolving scenario where the likelihood of maintaining India's growth momentum appears to be strong. Reflective of a strong performance of both manufacturing and services activity".

One of the most positive developments for India is the sharp decline in inflation. Retail inflation, measured by th...