India, Dec. 6 -- The macroeconomic landscape in India has changed suddenly. For most of this year, the main problem was surging prices, which pushed consumer price index (CPI) inflation far above the Reserve Bank of India (RBI)'s target of 4%. In recent months, however, inflation seems to have subsided to some degree. However, there is a new problem: India's export-led recovery is being threatened by weakening demand in advanced countries, which seem to be slipping into recession. As a result, some analysts have urged RBI to shift its priorities, declaring victory over inflation and focusing instead on reviving growth....