Profit

Fall in core inflation to give RBI room to cut rates: Rangarajan

PUBLISHED ON: March 14, 2013 | Duration: 7 min, 09 sec

  
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Headline inflation in February rose marginally to 6.84%, but a fall in core inflation will allow the RBI space to bring down interest rates, says Dr. C. Rangarajan of the PMEAC. He also shares his expectations on growth, which he feels will rebound to 6-6.5% in FY14.
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