Thursday, December 19, 2013

RBI kept key rates unchanged to push growth, says Montek Singh Ahluwalia

......."Keeping in mind, the need to give the economy stimulus and not wanting to take too hasty a step, the (RBI) Governor has surprised the markets. Markets were expecting a hike," Ahluwalia told reporters here. "He (RBI Governor Raghuram Rajan) is expressing confidence that price inflation will come under control and let's hope that he is right. If he is right then definitely in retrospect it will be proved to be very good decision,"..........

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