Shumita Sharma Deveshwar

Director, India Research
+91 98718 22780

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Recent India research

* India: Strong economic growth to remain local, Shumita Sharma Deveshwar, 15 Jun 2017
* India: Return of cash bodes ill for tax revenues, Amitabh Dubey, 1 Jun 2017
* India: GST rollout threatens supply disruptions, Shumita Sharma Deveshwar, Amitabh Dubey, 25 May 2017
* India: Political decisions will disrupt reform, Amitabh Dubey, 18 May 2017
* India: Headline GDP obscures unbalanced growth, Shumita Sharma Deveshwar, 4 May 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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