India’s economy will grow at its slowest rate since 2020 this year as a result of the energy shock. We think headline inflation will rise above the upper bound of the RBI’s 2-6% target range over the coming months. And with depreciation pressure on the rupee also building, the prospect of interest rate hikes is growing.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.