Bubble dining tents at a restaurant in New York City on Nov. 10. Restaurants scrambled to find ways to serve customers while avoiding Covid-19 transmission. Photographer: Gabriela Bhaskar/Bloomberg
Manish Gunwani of Nippon India Mutual Fund isn’t too worried about inflation impact on India. High global growth, low interest rates, pent-up demand, a low corporate earnings-to GDP ratio will aid pace of economic expansion for Asia’s third-largest economy, he said.“In India, inflation is driven largely by food and fuel. Fuel is driven by global crude, and with so much technological intervention there in the form of electric vehicles...