MUMBAI: A packet of milk, a simple thali meal, packaged consumer goods, an air-conditioner that’s almost a non-negotiable purchase now for many households amid rising temperatures, a box of paint, gold jewellery, a restaurant feast or an air-ticket—the war has hit low income and middle class Indians, making them pay more for a lot of things that are part of everyday spends.

MUMBAI: A packet of milk, a simple thali meal, packaged consumer goods, an air-conditioner that’s almost a non-negotiable purchase now for many households amid rising…

Indian households face rising costs for daily essentials. Fuel and commodity price hikes are pushing up prices for milk, packaged foods, and restaurant meals. Companies like…