Budget to focus on fiscal consolidation: Montek

....The job of reserve banks around the world is to be striking notes of caution. So what the RBI has done in the last policy is giving a clear signal that the period of monetary tightening is over and that is a genuine reflection on their part that the warning signals on inflation are certainly no longer red; they may even be changing from amber to green. "But obviously the RBI wants to hold back until it's absolutely sure,"....

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