Macroeconomic fundamentals News

Indian consumers are the most optimistic lot in the Asia-Pacific region, says a survey, which marked it mainly to upbeat sentiment over robust pace of economic growth and stable macroeconomic fundamentals.

Strong macroeconomic fundamentals offer India a "reasonable degree of resilience" to fight uncertainties, but poor asset quality of banks and managing expectations are key challenges for regulators and the government, says the Financial Stability Report.

Raghuram Rajan has said macroeconomic fundamentals of the country have improved over the past two years and emerging market economies like India are better.