“The Mint Editorial Board suggests that the RBI should tighten monetary conditions in India. This recommendation is based on consumer inflation climbing to 4.8% in August, exceeding the central bank's 4% target for the third consecutive month, coupled with risks from El Nino and rising Brent crude oil prices hitting $107 a barrel. The economy's robust growth provides the RBI with the necessary space for a hawkish move, especially as the US Federal Reserve is expected to tighten policy, which could pressure the rupee.”