For people who despair, it is important to remember that the drivers of the India growth story – get up and go entrepreneurism, the demographic dividend, a large and growing middle class, the opportunity for productivity catch up, democracy and a decent legal system – are all intact. 69.
When we say that inflation has been “high” over successive months over almost two years now, it has to be seen as a relative  BIS central bankers’ speeches  1  concept. It could be high relative to either past averages or the inflation goal of the RBI.