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The Indian consumer sector has been a stock market darling, outperforming the Sensex by over 25 percentage points over the last two years. What are the megatrends to drive growth in the next five years? [more]
The workhorse framework of macroeconomics and monetary policy relies on the build-up of inflationary pressures across the cycle as the economy tightens, and firms have no choice but to raise wages, which ultimately lifts consumer prices. [more]
It may not feel like it, but we live in inflationary times relative to long-term history. Before the start of the twentieth century, prices crept higher only very slowly over time and were often flat for long periods. [more]