India's Dovish Inflation Call Raises Eyebrows as Pressures Build.

Keywords: %INR; RBI@IN; ALLTOP; ASIA; BON; BUSINESS; CMD; CONS; CONSS; COS; ECOTOP; FRX; GLOBALMACR; GOV; INDIA; INDUSTRIES; MARKETS; NRG; OIL; WORLD; WWTOP; WWTOPAS EN %INR RBI@IN ALLTOP ASIA BON BUSINESS CMD CONS CONSS COS ECOTOP FRX GLOBALMACR GOV INDIA INDUSTRIES MARKETS NRG OIL WORLD WWTOP WWTOPAS Economists are challenging the relaxed view on inflation by India's central bank, which surprised markets Thursday when it opted to avoid any major signs of normalization and kept policy tilted toward growth. -- Abhishek Gupta, India economist For the full report, click here The RBI has admitted in the past that its inflation projection model could go wrong, and that there is scope for improvement. [Extracted from the article]