RBI to balance growth, inflation in monetary review: Pranab

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The Reserve Bank of India (RBI) will try to strike a balance between the need for growth and the necessity to contain inflation at its monetary policy review next week, Finance Minister Pranab Mukherjee said here Sunday.

http://www.mathrubhumi.com/english/story.php?id=100058

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Inflation is rising at its high as of date if measures not taken to curtail country may go into to recession phase soon.
Yes measures are necessary indeed..thanks for sharing this news Abid.
The twin job of managing inflation and ensuring growth are challenging and a high rate of inflation badly hurts the cause of growth!

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Abid Areacode

@Abid Areacode

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Created Monday, 01 November 2010 16:09
Last Updated Tuesday, 30 November -0001 00:00
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