New Delhi, April 25 -- The Reserve Bank of India (RBI) has flagged mixed trends in the Indian economy, with resilient demand indicators alongside emerging signs of supply-side stress, in the wake of geopolitical disruptions in West Asia.
In its latest State of the Economy report, the central bank said while overall activity remains stable, there is a need for 'careful and continuous assessment' as supply shocks could potentially spill over into demand conditions.
Demand remains resilient, but momentum uneven The RBI noted that high-frequency indicators for March showed divergent trends. Consumption remained relatively strong, supported by robust GST collections, rising e-way bill generation and steady fuel demand, The Hindu reported.
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