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Inflation at year's high in September; RBI rate cut unlikely

PUBLISHED ON: October 15, 2012 | Duration: 21 min, 11 sec

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India's headline inflation rate rose in September to its highest this year at 7.8 per cent after the government raised subsidised fuel prices. Since this remains largely above the Reserve Bank of India's comfort levels, experts rule out a CRR or repo rate cut in its monetary policy review at the end of this month.
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