Is El Nino a bigger threat to India’s high GDP, low inflation balance than the Middle East crisis? Explained – The Times of India
If a weaker monsoon impacts the output of crops, then higher food prices will feed quickly into inflation, a risk that is too real to be ignored. (AI image) India, backed by its strong domestic growth story, is the world’s fastest growing major economy. Which is not to say it is without its vulnerabilities. The…