Mumbai, April 23 -- The Reserve Bank of India monthly bulletin has raised concerns regarding the weakening of global growth in the near term amid escalation of trade and tariff tensions and the resultant financial market volatility. Although the dampening global economic outlook could impact India's economic growth through weaker external demand, the domestic growth engines, viz., consumption and investment, are relatively less susceptible to external headwinds, RBI noted. Prospects for the farm sector have been boosted by the forecast of an above normal southwest monsoon for 2025, which could augment farm incomes and keep food prices under check. Headline inflation moderated to a 67-month low of 3.3 per cent in March, mainly due to a mod...
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