Capitalise on the Robustness of Indian Economy

Major global central banks except for China, and especially the US Federal Reserve, are still on a war against inflation. It has become a credibility issue for the US Federal Reserve now as a battery of experts with their sophisticated models failed miserably to read the inflation monster earlier. They continued to hold the view that inflation is transitory for long before they were caught off-guard. Fortunately, India appears to be in a better position and reinforced with the Reserve Bank of India (RBI) governor clarifying that the inflation in India is near its peak and will be brought down to 4 per cent within two years.