Direct impact of poor rains on inflation and growth is weakening. The indirect hit is harder to ignore.

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• MintLean R·2h ago

  Direct impact of poor rains on inflation and growth is weakening. The indirect hit is harder to ignore.

  As monsoon falters due to El Niño, the ripple effects on prices and demand matter more than the direct hit on India's inflation and GDP growth rates.

  Read at Mint →