Monetary tightening has done little to curb inflation and will hurt investment, but the credit surge suggests that inflation is demand-driven, so it’s better to have lower near-term growth than a

This is what Tuesday’s RBI’s policy review said: Curbing inflation was the central bank’s dominant policy concern. Despite better harvests, food inflation has been stubbornly high, as demand

Jahangir Aziz, chief economist at JPMorgan India, believes the rupee will remain range-bound in the near term and expects another round of rate increases from the Reserve Bank of