Article;
RBI in no mood to abandon fight against inflation.
Comment;
From the middle of 2015 we already are going to see fall in
the inflation rate because the government is going to change the base-year for
inflation from 2004 to 2012... That would probably make a case for rate cuts...
Hope... the RBI uses the same data...
Article;
Comment;
Once the RBI's credibility regarding inflation is
established and supply-side bottlenecks removed, inflation would remain within
limits 4-6% in the long-run (next-generation)... Europe, US and Japan are good
examples... People will follow the central-bank...
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