Shumita Sharma Deveshwar

Director, India Research
+91 98718 22780

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Recent India research

* India In Charts: A disappointingly slow recovery ahead, Shumita Sharma Deveshwar, 21 Sep 2017
* India: RBI firm on inflation, despite growth risk, Shumita Sharma Deveshwar, 14 Sep 2017
* India: Modi risks losing control of jobs narrative, Amitabh Dubey, 8 Sep 2017
* India: Growth risks shift to the downside, Shumita Sharma Deveshwar, 24 Aug 2017
* India: Stake sales to test Modi’s political will, Shumita Sharma Deveshwar, 10 Aug 2017

See all our India research >>

India: Politics hampers RBI’s battle for credibility

Overview

The record low June CPI inflation of 1.5% yoy will put further pressure on the Reserve Bank to cut its policy rate, which it has held steady over its past four monetary policy reviews. With inflation at multi-year lows but credit growth and investment spending at multi-decade lows, concerns are rising about whether the central bank’s inflation targeting policy is going too far, to the detriment of economic...

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