Shumita Sharma Deveshwar

Director, India Research
+91 98718 22780

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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
* India: New Congress takes the fight to the BJP, Amitabh Dubey, Shumita Sharma Deveshwar, 27 Nov 2017
* 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

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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