Central bank governor Raghuram Rajan is expected by many in the market to shift the RBI's main inflation gauge to consumer prices from wholesale prices, putting India in line with most big economies
NEW DELHI: India's new central bank governor will be under intense scrutiny when he chairs his first policy review Friday faced with the "impossible trinity" of a weak rupee, rising inflation and slowing growth.
Most analysts bet "The Guv", as Raghuram Rajan has been nicknamed, will debut on a cautious note and focus on inflation, which hit an unexpected six-month high of 6.1% this week, and resist business pleas to ease interest rates to try to revive growth.
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