The increase in consumption of essential commodities has been witnessed in not only the bigger urban regions but also tier-2 and tier-3 cities with up to 35% year-on-year increase in demand for basmati rice, edible oils, and maida.
Fed hike, rising US yields could trigger fresh selloff in Indian stocks
The Federal Reserve’s potential rate hike looms over global markets. US 10-year sovereign yields nearing five percent pose a significant challenge. This rise makes emerging