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India’s economy signals resilience even as exports dim outlook
India's economic activity remained robust in March despite weakening export growth and rising unemployment. The needle on Bloomberg's Animal Spirits indicator remained at 5, and a rise in tax collections showed that the country's economy was steady, though the Reserve Bank of India has paused rates evaluations due to the impact of 250 basis points in rate increases so far.
India's economic activity remained robust in March despite weakening export growth and rising unemployment. The needle on Bloomberg's Animal Spirits indicator remained at 5, and a rise in tax collections showed that the country's economy was steady, though the Reserve Bank of India has paused rates evaluations due to the impact of 250 basis points in rate increases so far. 
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