India remains vulnerable in its external position, but this does not pose any concern about the country's macro stability and is quite manageable, says a report by UBS. According to the global financial services major, although improving, India's external vulnerability indicators remain "stretched". "Our analysis indicates that while India remains vulnerable in its external position and risks are rising on the margin, they do not pose any concerns regarding macro stability yet and are quite manageable," the report authored by Tanvee Gupta Jain, Economist at UBS Securities India, said.