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Rise In Retail Inflation Will Make RBI Keep Rate Cut On Hold, Say Experts

The RBI kept lending rates on hold citing rising inflation
The RBI kept lending rates on hold citing rising inflation
India's annual retail inflation rose to 6.93 per cent in July, as food prices continued to soar due to disrupted supply chains, government data showed on Thursday. July inflation was higher than the 6.15 per cent forecast in a poll of analysts by news agency Reuters.
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