India shows ‘cautious resilience’ despite Middle East conflict: DEA

May 30, 2026 - 17:00
India shows ‘cautious resilience’ despite Middle East conflict: DEA

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India's economy shows 'cautious resilience' despite global headwinds like Middle East conflict and rising oil prices. While manufacturing and services remain strong, and forex reserves offer a buffer, inflation concerns are mounting due to wholesale price surges. A weaker monsoon could further challenge growth and rural demand.

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