New Delhi, May 30 (IANS) India’s macroeconomic position in the month of May reflects cautious resilience over strong services exports, adequate foreign exchange reserves and a stable labour market, Finance Ministry said in its ‘Monthly Economic Review’ on Saturday.However, the confluence of elevated global energy prices, a depreciating rupee, rising upstream cost pressures and the prospect of a below-normal monsoon calls for sustained policy vigilance, the Economic Review said. “Navigating FY2…
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