India's annual rate of inflation for the month of February grew to 6.95 per cent, a marginal increase from the 6.55 per cent in January, and much lower than the 9.4 per cent in February 2011. Robert Prior-Wandesforde, Head of India and South East Asia Economics at Credit Suisse told NDTV Profit that he expects the central bank to cut key rates by a 1.75 per cent over the fiscal.
