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: RBI firm on inflation, despite growth risk

Overview

At 3.4% yoy, India’s August inflation rate was still well below the central bank’s 4% target for the tenth consecutive month but a full 100 bps higher than July’s reading of 2.4% yoy. The quick rebound in inflation following an unexpected dip over the past few months blunts the Finance Ministry’s push for lower interest rates while at the same time limiting the options to revive flagging...

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