Disappointing most people, November inflation stuck above 9%. Inflation eased to 9.11% (MoM) versus 9.73 % in October. Vivek Rajpal, Rates Strategist of Nomura India and Rajiv Anand of Axis AMC indicated that the Reserve Bank of India (RBI) and market has expected the inflation to be around 9%.
first published: Dec 14, 2011 01:49 pm
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