The word "stagflation" is being used to describe India's macroeconomic predicament. While India is not stagnant, its growth rate has steadily declined, and with persistent inflation, the policy makers were already facing difficult choices. Now, a surprisingly high external deficit suggests a perfect storm could be brewing. Read More

Jyothi Shankaran

    Jyothi’s last role was as Senior Editor with the business news channel Bloomberg TV India. He also worked as News Editor at business-standard.com, the online version of the business newspaper Business Standard. Jyothi is a chemical engineer from the Regional Engineering College, Srinagar.