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Central bank in neutral may be reading India's prices wrong
One argument pertains to the weights the RBI assigns various consumption patterns in its CPI basket
Mr Patel could be missing a window to lower borrowing costs to spur investment proposals that are near a decade low, over inflation concern.
PHOTO: AFP
Mumbai
AS India's monetary policy committee begins its two-day meeting, the inflation-targeting central bank may be using flawed price measures as the basis for its swing to neutral policy.
All 50 economists in a Bloomberg survey predict the Reserve Bank of India will leave the...
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