Shumita Sharma Deveshwar

Director, India Research
+91 98718 22780

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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 >>

Why the central bank needs to walk its talk

Overview

Conflicting messages from the Reserve Bank of India – which cut interest rates for the third successive time at its 2 May monetary policy review, but continued to maintain a hawkish tone in its statement – are confusing investors. With global commodity prices falling, the Ministry of Finance has been arguing for an easier monetary stance to help revive India’s economic prospects, making the growth-inflation tradeoff very tricky for the central bank. But, in order to anchor...

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