Announcement

Thursday, June 17, 2010

Macroeconomic indicators - Inflation at uncomfortable levels - Mr Rangarajan

India's inflation rate has reached uncomfortable levels and some action from the RBI is needed to curb demand side pressures.

Mr C Rangarajan chairman of the Prime Minister's Economic Advisory Council said that "I don't know what the RBI (Reserve Bank of India) will do. All I can say is

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