It’s not an easy question to answer, and our Wizard with Words minces no words as he responds. Do read it for yourself in the October 21 edition of Das ka Dum by Dr Bhaskar Das. Read on…
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Q. It’s Diwali week. While it’s surely not ‘diwala’ for the media, but things could’ve been better, revenue-wise. What’s your view?
A. When it comes to growth in topline, the usual adage of ‘dil maange more’ would always be applicable. So I think the market is improving in the right direction but some sectors might experience a winter of discontent, as there is an underlying sense of unease due to rising inflation and consumer cautiousness on optimism about the future. In fact if you pause for a moment, you would realise that the world has been reeling under one shock after other viz Covid/ health scare, Russia Ukraine war, bellicosity of China, climate concern, concern about food security and possible energy crisis in Europe and supply chain challenges etc could queer the pitch of many predictions about business in general, irrespective of sectors. We are all connected and to say that India is insulated from the impact of the aforesaid factors, tantamount to staying in a fool’s paradise. Hence I feel these are challenging times for every business and given this the Indian market is responding with alacrity and pragmatism.