Volume drops point to stress, inflation making it worse, says HUL MD Sanjiv Mehta - Economic Times

The HUL MD said increases in interest rates are inevitable if the US Federal Reserve raises the cost of borrowing in the world's biggest economy, and the challenge is to restrain inflation in India without stifling growth.

Consistent volume declines, especially in rural areas, are causing stress and inflation has exacerbated that, () managing director Sanjiv Mehta said, urging the authorities to manage interest rates w… [+4106 chars]

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