Inflation will be higher than initially projected over the rest of the year, in the absence of an appropriate policy response, the Reserve Bank of India said in its monetary policy review on Friday.
Inflation will be higher than initially projected over the rest of the year, in the absence of an appropriate policy response, the Reserve Bank of India said in its monetary policy review on Friday.
The RBI unexpectedly raised its policy interest rate by 25 basis points on Friday, but rolled back some of the measures it had implemented to support the battered rupee.
Copyright: Thomson Reuters 2013
Sign Up with Google
ADVERTISEMENT
RECOMMENDED FOR YOU
POPULAR
1
M&M, Eicher Motors & More — Nirmal Bang's Top Stock Picks In Auto, Auto Ancillary Pack; Q1 Results Preview
2
SML Isuzu Acquisition: How M&M's Open Offer May Fare For Investors
3
TCS Q1 Results Review: Buy, Sell Or Hold? Analysts Mostly Bullish Despite Weak Earnings
4
TCS Q1 Results Review: Motilal Oswal Maintains 'Buy' On Undemanding Valuations
5