Indian economy resilient; monsoon aids sowing; services expand; inflation softens; RBI keeps repo rate unchanged.

• Industrial growth was uneven in June, with electricity and mining weak, but manufacturing and services continued expanding strongly.
• Consumer confidence improves with better sentiments for current conditions and future outlook, reflecting optimism despite global uncertainties.
• Headline inflation is expected to ease further, driven by benign food prices and base effects, staying below 4%.