Moneycontrol PRO

business

Diesel price hike must for better GDP growth ahead: Parikh

According to Kirit Parikh, Rs 5 diesel price hike would increase inflation rate in next quarter but six quarters down the line it will be reduce inflation considerably and will boost the GDP growth.

first published: Oct 30, 2013 07:20 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347