Subhadip Sircar In Mumbai

All stories by Subhadip Sircar In Mumbai

Prospect of rate hike after inflation surge hits rupee, bonds

Prospect of rate hike after inflation surge hits rupee, bonds

Rediff.com13 Dec 2013

RBI chief Raghuram Rajan said on Thursday he was 'very uncomfortable' with the inflation reading, a comment that probably seals the case for him to deliver his third rate increase next Wednesday, despite a weak economy.