RBI’s $91 Billion Bond Buying Aids India Deficit It Criticizes

RBI’s $91 Billion Bond Buying Aids India Deficit It Criticizes

Brent Lewin/Bloomberg

Customers buy food at a grocery store in the Burrabazar area of Kolkata. Wholesale-price inflation has averaged 7.5 percent in the past year and the consumer gauge 10 percent, among the highest in Asia.