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India trumps Turkey in efforts to control inflation

RBI governor has had more success than his Turkish counterpart, following Fed's halt to bond buying

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Mr Rajan (above) has a determined focus on price stability while Mr Basci's room for manoeuvre is hamstrung by political pressure.
BT_20141104_FED4A_1350012.jpg
Mr Rajan has a determined focus on price stability while Mr Basci's (above) room for manoeuvre is hamstrung by political pressure.

New Delhi

THE Federal Reserve's halt to bond buying is testing central bankers' efforts to control inflation halfway round the world.

Two of the world's biggest emerging markets epitomise the struggle to weather spillovers from the United States. With a determined focus on price