The biggest macro challenge facing the economy today is inflation primarily because it has eroded margins as third quarter numbers of corporates would suggest. This becomes a preoccupation for macro and fiscal monetary and fiscal policy when it is as big as it is at the 8% plus mark for a better part of last year or the last few months.
What is the connection of the budget to inflation? It is a big connection and here is the argument. If we look at numbers of the governmentDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
