Posts Tagged ‘Food Inflation’
Reserve Bank to review its credit policy today
The RBI has increased interest rates 13 times since March, 2010, to contain inflation and India Inc has been demanding a cut in the rates to arrest declining economic growth. ibnlive.com
Inflation crosses 9%, RBI may hike interest rates further
There is bad news for the aam admi. Inflation surged past the 9% mark for the month of May. Inflation rose to 9.06% from 8.66% in April driven by rising prices of food items, fuel and manufactured goods.