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Week that was: Market on a joyride as govt hikes diesel price
Sat, Sep 15, 2012 at 13:50
Inflation at 7.55%: India's wholesale price index (WPI) rose a higher-than-expected 7.55% in August from a year ago period, mainly driven by higher food prices due to deficient monsoon. Ahead of the RBI's next monetary policy review on September 17, experts feel the central bank could go in for rate cuts for the first time since April.