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From CNBC-TV18
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See inflation at 5.5% by '08-end: C Rangarajan
2008-05-12 15:52:48 Source : Bazaar/CNBC-TV18
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Economist, C Rangarajan, expects inflation to fall to 5.5% by the end of the year and at 6% in 3-4 months. He added that the inflation behaviour would also depend on the monsoons.
The anti-inflation steps could impact revenue mop-up, Rangarajan said.
Rangarajan feels that high crude oil price could impact growth. He sees FY09 growth at 8-8.5%,
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