With inflation easing, GST cuts and rising asset values, India's witnessing a quiet wealth revolution - The Economic Times
Headline inflation eased to a 99-month low of 1.54% in September, driven by a sharp correction in vegetable and fuel prices. This is even before the full impact of GST rate cuts, announced on September 22, has filtered through the economy. Analysts expect retail inflation to fall below 1%, which would be a record low. This is a striking reversal for an economy that, barely a year ago, was battling…