The Economic Times

Inflation poses bigger risk than growth this fiscal as monsoon and crude weigh on rural demand: Nuvama

In FY27, India's economy grapples with inflation that hits hardest in rural regions, where rising food prices become an urgent concern. The eyes of policymakers are fixed on the monsoon's trajectory, a key determinant for crop health. Global factors, such as elevated crude oil prices and geopolitical strife, further exacerbate inflationary trends.