We study the inflation process in India, focusing on the periods before and after the adoption of flexible inflation …-forecast targeting (FIT) in India. Our analysis uses several approaches including standard Phillips curve estimation for headline and …

We analyze the dramatic decline in India's inflation over the last two years using an augmented Phillips Curve approach … lower oil prices in India's disinflation was relatively modest given the limited pass-through into domestic prices. Instead …, we find that inflation is a highly persistent process in India, reflecting very adaptive expectations and the backward …

Over the past decade, India has seen a prolonged period of high inflation, to a large extent driven by persistently … under India's recently-adopted flexible inflation targeting framework will depend on enhancing food supply, agricultural …

The Reserve Bank of India (RBI) has moved away from a broad money target toward a “multiple indicators” approach to the …

transmission of inflation from India. Because the Nepali currency is pegged to the Indian rupee and the two countries share an open … border, price developments in Nepal would be expected to mirror to those in India. The results show that inflation in India … India to Nepal takes about seven months. The paper draws some implications for the conduct of monetary policy in Nepal …

that India's inflation is highly inertial and persistent. Due to second-round effects, the gap between headline inflation …

reviews the recent experience of Guyana, India, Jamaica, Kenya, Sierra Leone, and Sri Lanka with exchange market reform. The …