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The International Monetary Fund (IMF) lowered India's potential growth prediction to 6% last week, citing the pandemic as the reason.
Going by market reactions to Q2 performance so far, it appears that investors are suddenly waking up to the harsh reality inflation isn’t transient.
It is important not to ignore retirement planning and understand how much corpus you will need for retirement.
The retail inflation has started to move down after being above 6% in May and June. In September, the inflation was ruling at 4.35%
Mehta further said that hyperinflation in commodities used by ordinary consumers will increase the Ebidta margin by 100 basis points per annum
Inflationary instability due to rising food and fuel prices is a concern, though.
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For the sixth month in a row, WPI inflation stayed in double digits. It was 11.39% in August.
Sitharaman said that the next year's increase would be somewhere between 8% and 9%, with a range of 7.5 to 8.5%.
