Consumer inflation is trending below Mint Road’s legal mandate. Globally, growth pangs are visible from Tokyo to Toronto. Central banks around the world have either begun, or are starting, a rate-easing cycle. India is hungry to grow faster. Will the Reserve Bank of India (RBI) oblige? Inflation figures, as measured by the Consumer Price Index (CPI) for August, were at 3.65% – more than the estimated 3.47%, but lower than the central bank’s
