Friday, February 15, 2013

Subbarao will keep a sharp eye on Chidambaram's budget

Reserve Bank of India (RBI) Governor Duvvuri Subbarao has all along talked about the need for a sustained decline in inflation and a faster and more credible road-map for fiscal consolidation, especially of the fiscal and current account deficits. That was the prerequisite to slash interest rates. ....................................

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