business

RBI likely to raise rates by 75 bps in 2011: Nomura

There is a growing fear among experts that rising crude and commodity prices could derail the efforts to contain inflation, which has started moderating. Rob Subbaraman, Chief Asia Economist, Nomura feels that inflation is going to stay stubbornly high not only in India but in most of Asian countries.

first published: Mar 8, 2011 01:32 pm