Welcome you to the Twenty Seventh edition of Devmantra Times for the month of May 2023.
India's Economy Signals Resilience Even As Exports Dim Outlook: India's economy stayed strong in March despite declining exports and rising unemployment. Bloomberg's activity tracker, which follows eight high-frequency indicators, showed that India's economy remained stable during the month. The Reserve Bank of India has paused rates for the first time in months in order to assess the impact of higher interest rates on economic activity.
