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India’s macro conditions stay steady as policymakers evaluate next steps
India’s macro landscape remained stable with steady inflation, firm credit growth and cautious expectations ahead of RBI commentary.
India’s broader macro environment remained stable this week, supported by mild inflation readings and a balanced outlook for credit growth. Economists noted that urban consumption indicators continued to show improvement while rural demand trends displayed mixed signals. Bond yields moved narrowly as traders monitored upcoming commentary from the Reserve Bank of India.
Corporate investment sentiment stayed constructive as manufacturing and services activity held near multi-quarter averages.