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.
West Bengal plans incentives to spur industrial investments
The government is exploring off-balance sheet incentives like soft loans to keep the weightage on budget-dependent industrial promotion lower, the finance minister said. Concession on