MUMBAI, Nov 16 (Reuters) - India's inflation rate of 7.5
percent is still high, the central bank governor Duvvuri
Subbarao said on Friday, adding the central bank was on alert to
manage both growth and inflation.
India's headline inflation rose 7.45 percent in October,
data on Wednesday showed, unexpectedly easing to its slowest
pace in eight months.
Subbarao was speaking on the sidelines of a banking summit
in the western Indian city of Pune.
(Reporting by Neha Dasgupta; Writing by Subhadip Sircar;
Editing by Rafael Nam)