Wednesday, July 27, 2011

Containing inflation is critical to growth: Subir Gokarn, RBI deputy governor - Economic Times

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Containing inflation is critical to growth: Subir Gokarn, RBI deputy governor

Economic Times


TheReserve Bank of India shocked markets with a higher-than-expected increase in interest rates. But the central bank, which was blamed in the past for falling behind the curve, justifies the policy action by saying thatinflation is still a threat that ...



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