Moneycontrol PRO

business

PMEAC sees FY12 inflation at 6.5%, HDFC Bank pegs 7.2%

After Prime Minister's Economic Advisory Council (PMEAC) forecast on inflation at 6.5% for FY12; Abheek Barua of HDFC Bank told CNBC-TV18 that the WPI inflation for March would be around 7-7.2%.

first published: Aug 1, 2011 02:42 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