Shumita Sharma Deveshwar

Director of India Research
+44 203 006 3102

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Recent India research

* India: Fiscal policy puts Modi at odds with RBI, Shumita Sharma Deveshwar, 12 Oct 2017
* India: Gujarat poll to test identity vs economics, Amitabh Dubey, 5 Oct 2017
* 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

See all our India research >>

India's inflation in focus

Overview

The Indian authorities view inflation, rather than global financial or economic turbulence, as the major risk to India’s growth story. The Reserve Bank of India made that abundantly clear on 29 January when it left rates unchanged despite increasing fears of a US recession, emergency rate cuts by the Fed and global stock market gyrations. Given the series of state elections in 2008 and a national election due in 2009, the government also appears willing to make the inflation-growth...

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