Published on Mon, Apr 26, 2010 at 11:19 | Source : Reuters
Updated at Mon, Apr 26, 2010 at 11:31
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Inflation expectations may ease further: RBI
India's monsoon forecast may help bring down inflationary expectations further, K.C. Chakrabarty, one of the deputy governors at the central bank, said on Monday
India's monsoon forecast may help bring down inflationary expectations further, K.C. Chakrabarty, one of the deputy governors at the central bank, said on Monday.
He had earlier said the forecast was optimistic.
The summer monsoon is likely to be normal this year, the government said on Friday, allaying fears over an event crucial to the economic fate of the world's second-most populous nation.
