Shumita Sharma Deveshwar

Director of India Research
+44 203 006 3102

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Recent India research

* India: On the road - Modi likely to win tough poll, Amitabh Dubey, Shumita Sharma Deveshwar, 11 Dec 2017
* India In charts: No easy fix for the economy as polls approach, Shumita Sharma Deveshwar, 30 Nov 2017
* India: New Congress takes the fight to the BJP, Amitabh Dubey, Shumita Sharma Deveshwar, 27 Nov 2017
* India: State banks still stand on shaky ground, Shumita Sharma Deveshwar, 9 Nov 2017
* India: On the road in Uttar Pradesh: GST woes hurt Modi’s popularity in busy poll season, Shumita Sharma Deveshwar, Amitabh Dubey, 26 Oct 2017

See all our India research >>

Food inflation will be the key macro driver in 2010

Overview

Food price inflation exceeding 19 per cent year on year has led market participants to conclude that the Reserve Bank of India will increase interest rates earlier and more aggressively than anticipated. The price increases are due not only to supply issues like the weak monsoon but to deeper structural factors including rising incomes and demand growth in a fast-expanding economy. We believe the stubborn rise in food prices will force the government to take more initiatives than...

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