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INFLATION: RBI EXPLORING OPTIONS (measures to control inflation have to consider rising crude oil prices, increasing inflation rate and rise in interest rates worldwide).
(From India Business Insight)
The finance minister said that the Reserve Bank of India (RBI) would take monetary measures to be in command of inflation. The rising crude oil prices and the spiralling rate of inflation at 7.61 percent as also increase in interest rates across the world are factors that the …
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