Inflation, El Nino may disrupt demand, raise fiscal burden: Report
Prabhudas Lilladher report says surging inflation and El-Nino can disrupt consumer demand from 2Q27, increasing India’s fiscal burden by up to Rs 5 trillion due to higher subsidies, rising crude prices, and geopolitical risks. Surging inflation and EL-Nino can disrupt consumer demand momentum from 2Q27, likely increasing India’s fiscal burden by up to Rs 5 … Read more