Economic Crossroads: India's Response to Inflation

The RBI Monetary Policy Committee’s (MPC’s) decision to keep interest rates unchanged for the past few months went against the trend of major global central banks, as domestic inflation rates saw a spike in July.

How has India dealt with rising inflation so far, and are these effective in the context of overall reforms and economic stability? Prasanna Tantri, Associate Professor, Finance, explores this and more in our latest Viewpoint.