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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

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Mr Patel could be missing a window to lower borrowing costs to spur investment proposals that are near a decade low, over inflation concern.

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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