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India's two-speed inflation strains its indebted firms

Published Thu, Jul 9, 2015 · 09:50 PM

Mumbai

INDIAN firms battling towering debts are calling for more interest rate cuts as they worry that the central bank is tying monetary policy too much to consumer inflation and ignoring the longest streak of wholesale price falls on record.

Reserve Bank of India (RBI) governor Raghuram Ra…

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