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Top India forecaster expects rate pause

Wednesday, February 8, 2017 - 05:50

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India's consumer prices rose 3.41 per cent in December from a year earlier, the slowest pace since November 2014.

Mumbai

THE most-accurate forecaster for interest rates sees Indian authorities refraining from easing monetary policy on Wednesday, even as the consensus calls for borrowing costs to be cut from a six-year low.

A rate reduction would not serve the oil-importing nation well when

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