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High interest rates likely to continue: Pronab Sen
"Though food inflation is in negative zone, but manufacturing item inflation is at 7.8 per cent. I do not think they (RBI) will reduce rate unless this inflation comes down to at least 6.5 per cent," Sen said at an interactive session with the Bharat Cham
13 Jan 2012, 01:47 AM IST 
Source: AP
The high interest rate regime is likely to continue in near term as long as non-food item inflation eases to 6.5 per cent, Principal Advisor in the Planning Commission, Pronab Sen, said on Thursday.
