Ahead of the onset of the festive season, economic growth is buoyant following a good monsoon, and the Sensex keeps going higher. But inflationary pressures haven’t gone away and there are some warnings emerging on the balance of payments, at a time when the global economy is still in doldrums.
Also See | Mixed signals (Graphic)
Mint’s Sanjiv Shankaran says that while India’s economy is growing, volatility in the system is likely to make policymaking tricky.
Graphic by Yogesh Kumar/Mint