Rising commodity, oil prices threat to growth: RBI

The Reserve Bank on Monday said rising commodity prices poses the biggest threat to the country's growth and inflation in 2011-12 and warned that the subsidy regime currently in place for certain fuel products poses a risk to the economy.

May 02, 2011 / 22:23 IST

The Reserve Bank on Monday said rising commodity prices poses the biggest threat to the country's growth and inflation in 2011-12 and warned that the subsidy regime currently in place for certain fuel products poses a risk to the economy.

Ahead of its annual credit policy, the apex bank said that the current political unrest in Middle East and North Africa (MENA) could also have significant impact on the country

first published: May 2, 2011 08:56 pm

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