MUMBAI, India, May 21 -- Reserve Bank of India issued the following press release:
Today, the Reserve Bank released the May 2025 issue of its monthly Bulletin. The Bulletin includes two speeches, four articles and current statistics.
The four articles are: I. State of the Economy; II. Economic Activity and Banknotes: New Approaches; III. Digital Footprints: Decoding India's Inbound Tourism through Internet Searches; and IV. Impact of Weather Anomalies on Vegetable Prices in India.
I. State of the Economy
Persistent trade frictions, heightened policy uncertainty, and weak consumer sentiment continue to create headwinds for global growth. Amidst these challenges, the Indian economy exhibited resilience. Various high frequency indicators o...