This article is authored by Prof. Vidhu Shekhar, Assistant Professor of Finance and Accounting at S.P. Jain Institute of Management and Research (SPJIMR).

This situation echoes the economic challenges of the 1970s and suggests that investors should brace for potential market volatility.

Over the course of the year, the RBI has successfully mitigated inflationary pressures, all the while maintaining robust economic growth.