Mon, May 02, 2011 - Page 10 News List

India prepares for ninth raise in interest rates

AFP, NEW DELHI

“Tell me any single period when we have had higher growth and higher inflation. It just does not happen that way and it is a wrong policy. What we need is low inflation and if it demands low growth, so be it,” Reddy said.

This story has been viewed 2538 times.
TOP top