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    <title>Likely moderation in economic activity; near-term growth outlook shows cautious resilience: FinMin</title>
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    <description>India&#039;s near-term macroeconomic outlook reflects cautious resilience amid likely moderation in economic activity, a below-normal monsoon risk, and persistent external and inflationary pressures. Domestic fundamentals remain broadly intact, supported by expansionary PMI readings, stable labour markets and foreign exchange reserves, while global headwinds from the West Asia conflict, elevated energy prices and tighter financial conditions continue to weigh on the outlook. Policy will need to remain agile across monetary, fiscal and structural dimensions to safeguard growth and keep inflation anchored.</description>
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    <pubDate>Sat, 30 May 2026 15:46:03 +0530</pubDate>
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