Embed code
Copy the embed code below and paste it into your blog or webpage.
| Follow live market commentary on Facebook. Click here |
Inflation has been falling and in all probability would in the next week or two turn negative. This doesn't mean anything positive for the Indian consumer as prices of essential commodities have not come down and will not come down.
The household budget is under huge pressure and with falling industrial production all of this is bad news for not only the consumer but the economy as a whole. Political combinations and permutations seem to be heading on rocky waters and there seems to be bad news time and again.
Text & Images: Business Line
Also Read: Crucial week on futures expiry but markets positively biased | Top 10 cos add Rs 37k cr in a week