"There is no greater pleasure than in pointing out other people's mistake/s and '...qui le concduit' should read '...qui le conduit'; the verb is conduire which literally means to drive. I hope I have beaten your French subscribers.

"World bank has predicted a growth rate of nine and a half percent for India. This has little meaning if inflation is in the high teens. While low inflation is good for companies' profits and supported the last bull run, I suspect the recent inflation is not healthy. Your view on this would be appreciated by everyone.

"I have instructed my wife to stop buying vegetables because of the painful effect these are having on our finances. Our diet has been reduced to rice and pickles. And we are above the poverty line.

"Unless Government asserts it's existence (fast) to initiate some serious agricultural reform India is heading for a disaster."

David Fuller's view Thank you and well done. It may have been a tie but your email probably had the longest journey. Meanwhile, I cannot be trusted with languages, including my native tongue.

Deepak Lalwani reported that India's headline inflation was 10.16 for May in the 25th June edition of The India Report. This is clearly a problem although it would be a lot worse without a strong GDP growth rate, something we may face in the West following the current deflationary problems.

Deepak Lalwani also discussed the political risk of India's inflation at current levels, subsequently exacerbated by the partial lifting of energy subsidies. My view is that most subsidies are a false economy and I hope that the current good monsoon, unlike last year's drought, will lower India's food price inflation, not least so that Mrs R can dine sumptuously once again.