Wednesday, September 19, 2012

RBI stands pat, but may soon have to sprint

......Yet, India Inc need not turn to the wall and sob. At least, not yet. For, the RBI’s small move on Monday may just be the trailer with big action to come the next time round. Yes, the RBI may be blinded by its concern over inflation, but it cannot be deaf to the clanging alarm bells on low industrial output growth......

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