Mehta further said that hyperinflation in commodities used by ordinary consumers will increase the Ebidta margin by 100 basis points per annum
Inflationary instability due to rising food and fuel prices is a concern, though.
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For the sixth month in a row, WPI inflation stayed in double digits. It was 11.39% in August.
Sitharaman said that the next year's increase would be somewhere between 8% and 9%, with a range of 7.5 to 8.5%.
India's retail inflation eased again in September, government data showed on Tuesday.
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When it came to overall expenditure, households have reported an increase, due to a higher spending on essential items
With the rise in medical and consumption costs, it is highly advised to have a good retirement corpus in place