.......Differences between the finance ministry and RBI on their diagnoses of economic challenges are not uncommon, but a public rebuke of monetary policy by the finance minister is unusual. Subbarao, though, plays down the perceived differences with Chidambaram. "We have shared goals. Both of us want high growth and low inflation." he told Business Today in an interview a day after the policy review. The public airing of differences perhaps works to RBI's advantage......
Read - Business Today
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