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India downplays inflation risk ahead of RBI rate decision

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Published Mon, Aug 3, 2015 · 09:50 PM

New Delhi

INDIA'S Finance Ministry declared that inflation can't be the primary concern of policy makers on the eve of a rate decision by the central bank.

Declines in commodity and wholesale prices show that inflation isn't the country's biggest worry right now, a Finance Ministry official told reporters in New Delhi on Monday. He asked not to be identified, citing ministry rules.

IndiaInflationInterest rates

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