As long as it is adhering strictly to the inflation-targeting framework, RBI has little wiggle room to revive growth without sacrificing some policy credibility
A final decision on the fiscal front is likely to be taken in November/December, closer to the last parliamentary session and ahead of the FY19 budget to be tabled in February. Photo: Aniruddha Chowdhury/Mint(Aniruddha Chowdhury/Mint)