RBI acted too late, it should have been thinking about inflation at least six months earlier, says former... - Moneycontrol

While global prices have been going up, which is outside our control, but there was a need to make sure that this important price increase didn't feed into a national pricing process, says Sen

Inflation has hit the Indian economy hard in recent months, forcing the government to introduce certain initiatives to fight the price rise. On its part, the Reserve Bank of India (RBI) too has emba… [+6839 chars]

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