Slowdown? Not on the Indian Horizon At Least!

Inflation has been the single most dominant factor for the current weakness in the equity market globally, including India. We have seen inflation exceeding in many economies beyond the tolerance level of central banks for some time now. While inflation was not of concern a few months back, it is now baring its teeth. At times inflation tends to incentivise entrepreneurs but higher and uncontrolled inflation derails economic growth as fiscal and monetary policies get directed to tame inflation at growth’s cost.