Equity markets are within striking distance of all-time highs. The slow down fears about the effects of the Covid-19 pandemic have subsided.
Commodity prices including food and fuel prices have increased significantly and are still rising. However, it is also a majority view that current phase of high readings of inflation is likely to be transitory.
Monetary conditions like repo rates and systemic liquidity have to be maintained at abnormally accomodatory levels to support the real economy. But
. Read more on financialexpress.com