Costs are spiralling for consumers, thanks to a high rate of inflation in the Indian economy.

Anirban Chowdhury gets the final word on why wallets are getting lighter from Sonal Varma, managing director and chief economist at Nomura; Madan Sabnavis, chief economist at CARE Ratings and ET's Chaitali Chakravarty. Credits: Peepli Live (Raghubir Yadav, Bhadwai Village Mandali, T-Series), BJP