New Delhi, June 26 -- As uncertainty hangs heavy over the global economy, countries the world over are striving hard to keep their economies shielded.

In this backdrop, it is encouraging that India seems to be weathering the storm well, going by an article written by multiple authors on the state of India's economy and published by the Reserve Bank of India (RBI) in its monthly bulletin.

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Various high frequency indicators, it says, showed resilience in May across industrial and service sectors, even as inflation stayed below RBI's 4% target for four straight months.

That said, corporate results reveal a less sanguine picture, with revenues of listed private n...