Given the high-growth and high-inflation scenario, most brokerages are pencilling in a hike in borrowing costs.
This, coupled with expectations of lower global growth (and hence lower demand for Indian exports), higher costs of inputs and energy because of volatile geopolitics could all mean this growth bonanza - credible or not - may well be nearing its peak.
Given the high-growth and high-inflation scenario, most brokerages are pencilling in a hike in borrowing costs. This, coupled with expectations of lower global growth (and hence lower demand for Indian exports), higher costs of inputs and energy because of volatile geopolitics could all mean this growth bonanza - credible or not - may well be nearing its peak.
