Wednesday, April 30, 2014

With new govt, RBI may face growth-inflation dilemma

.........According to him, RBI’s primary job, among others, is to arrest inflation. “RBI can’t do it alone. It has to be a concerted effort, with the government.” On its part, RBI has continued to remain “focused on inflation”. Some members of the RBI technical advisory committee, which met on March 26 and assessed the market situation, have expressed “concerns” on inflation. ............

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