Despite geopolitical tensions re-escalating in West Asia and rising energy prices, Indian economy continues to be resilient, the Reserve Bank of India (RBI) staff said in the monthly Bulletin. India’s financial and external sectors are drawing strength from the real economy, although geopolitical tensions and weather-related uncertainties are acting as key downside risks, the RBI staff said. The Indian economy demonstrated resilience not only through the April-June quarter, where it grew 7.8%, but also in August as evident from high frequency indicators such e-way bills, and Goods and Services Tax (GST) collections, the RBI staff said.