India's domestic economic remains positive, resilient: Finance Minister Nirmala Sitharaman

Amid opposition's claim that repeated increases in petrol prices will have a cascading effect on every aspect of the economy, Union Finance and Corporate Affairs Minister Nirmala Sitharaman on Monday said that India's domestic economic situation remains positive and resilient. Speaking at the SIDBI Foundation Day programme, Sitharaman said India cannot afford fear-mongering; we need to instil confidence in our people through our words and actions.