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    <title>Economic Resilience, Thinner Buffers, Emerging Risks Globally: Where Does India Stand?[1] - Address by Dr. Poonam Gupta, Deputy Governor, Reserve Bank of India, at the Business Standard BFSI Insight Summit</title>
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    <description>Macroeconomic resilience rests on credible monetary, fiscal and financial-policy frameworks, financial cushions, adaptable trade and energy arrangements, and AI-related investment, but remains vulnerable to conflict, commodity and food shocks, AI asset repricing, public debt and higher borrowing costs. India&#039;s position is attributed to a large diversified domestic economy, flexible inflation targeting, fiscal consolidation, GST, stronger banking regulation and timely shock management. Monetary policy must contain second-round inflation effects, while fiscal prudence, capital and liquidity buffers, stress testing and macroprudential safeguards support financial stability.</description>
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