India's economy demonstrated resilience in the past week, with key indicators showing steady demand and growth prospects. The HSBC India Manufacturing Purchasing Managers' Index (PMI) rose to 54.7 in April, up from 53.9 in March, driven by stronger export orders despite rising input costs. The Services PMI also climbed to a five-month high of 58.8. Meanwhile, net direct tax collections increased by 5.12% to over ₹23.40 trillion in FY26, although this fell short of the revised target of ₹24.21 trillion. The Indian government has pushed for investment-led growth through various initiatives, including a ₹5,659 crore cotton productivity mission aimed at doubling output by 2030-31. Additionally, the Cabinet approved infrastructure projects worth ₹23,437 crore to enhance the railway network. Despite these positive indicators, concerns remain regarding rising costs and a decline in forex reserves, as highlighted by Moody's Ratings, which noted India's strong position compared to other emerging markets.