Apart from these, the other supply-side challenges induced by the war in Europe or drought in other parts of the world will also impact the prevailing inflation. Amidst this environment, where the chances of inflation remaining elevated throughout the year are high, central bankers across the globe face the daunting challenge of managing interest rates without sacrificing growth.
Budget over, bulls back faster, higher, stronger
The NSE Nifty rose 428.75 points, or 1.76%, to close at a record of 24,834.85. The index hit a lifetime high of 24,861.15 during the