New Delhi, March 13 -- Apart from rising geopolitical tensions in West Asia, another topic with rising chatter these days is inflation.

Inflation rarely announces its arrival. It creeps in quietly, first with slightly higher grocery bills, then costlier fuel, rising rent, and before you know it, the same salary starts feeling smaller every month.

For most businesses, inflation is a problem. Rising input costs squeeze margins, demand weakens, and profits take a hit.

However, a select group of companies thrive in such environments.

These are businesses with strong pricing power, essential products, and demand that barely change even when prices rise. For investors, such businesses can act as a shield when inflation starts to climb.

Let...