Shumita Sharma Deveshwar

Director, India Research
+91 98718 22780

Amitabh Dubey

Political Analyst, India Research
+91 99999 10781

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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
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* 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

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India: Why the “hope premium” on asset prices will not last

Overview

Even as investors breathed a sigh of relief after the Reserve Bank of India kept interest rates steady at its 18 December monetary policy meeting, the hard reality is that structural fault lines remain in the economy: no lasting solutions are in sight for controlling an intractable inflation problem and a chronic fiscal deficit. We believe that markets will also be disappointed in the outcome of the forthcoming elections and the likely continued impediments to policy execution. The...

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