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RBI's rate hike defies economic explanation: Surjit Bhalla

  • 11:28
  • Published On: September 16, 2011
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Surjit Bhalla, chairman of O[x]us Investments, says the RBI's 0.25 per cent rate hike move defies economic explanation. He adds the decision to hike petrol prices will add to inflation by 0.7 per cent.

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