New Delhi, May 22 -- India's domestic economic activity "exhibited resilience in April," even as the global economy remained "shadowed by uncertainties in West Asia," according to the Reserve Bank of India's May 2026 Bulletin.

"The global economic activity in April continued to be shadowed by uncertainties in West Asia and disruption of energy supplies and trade flows," the article on State of the Economy noted. These concerns "resulted in heightened volatility in the various segments of the financial markets." While global activity showed "modest improvement over March," the "pace of expansion remained subdued amidst rising input costs, supply chain bottlenecks and weak business sentiment."

On the domestic front, "CPI inflation rose to...