business

Mkt reading of RBI stance more dovish than intended: Farris

Considering the currency hasn‘t responded more forcefully to the recent tightening measures, the RBI probably should have tightened further. On T-bill rates, which are at 9 percent and 10 percent, considering CPI inflation is 10 percent, so in real terms, it is negative interest rates

first published: Jul 30, 2013 02:07 pm