........The unusual decline in reported vegetable prices, limited representation of higher sugar prices and a sharp fall in fuel inflation distorted the overall number. Much against market expectations, they also feel RBI is unlikely to cut rates based on a "transient fall" in inflation. Terming some of the numbers in the basket "a mirage, not an oasis," Sujan Hajra, chief economist at Anand Rathi Share & Stock Brokers, pointed out that ........
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