The article said emerging markets are appearing more resilient than in the year gone by, but their biggest risks in 2023 stem from US monetary policy and the US dollar.
Inflation in India has moderated recently but it is "certainly not out", said the Reserve Bank of India's monthly bulletin released on Tuesday, adding that the price rise has "broadened and become stubborn".
New Delhi [India], July 18 (ANI): The Indian economy remains resilient despite formidable global headwinds and amidst fears of a recession, the Reserve Bank of India said in its latest monthly bulletin.