Tuesday, November 20, 2012

All efforts to be made to rein in fiscal deficit at 5.3%: C Rangarajan, PMEAC

....On key policy rates cut by the Reserve Bank, Rangarajan said: "We need to watch the behaviour of prices for some more time. Of course, the Reserve Bank will take all factors into account, but there is still some time for Reserve Bank to take a decision." The RBI will come out with the mid-quarter review of monetary policy on December 18. The third quarter will be announced on January 29. .....

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