“Even if inflation is at 5.1%, food inflation is at 30%. For someone spending 50% of their income on food, that 30% food inflation is hitting them significantly harder despite government programmes like PM Gareeb Kalyan Yojana providing some relief,” Basu said at a Delhi School of Economics event to mark its 75 years of existence.
F&O Talk | Markets remain jittery but downside appears limited: Rahul Ghose
The markets continued to remain under pressure as the Nifty logged its fourth straight week of losses. Although the index attempted a recovery in the