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Economists favour 50-bps rate rise
Economists and industry experts favour a stronger dose of policy rate rise in May, as inflation continues to remain stubbornly high.
Most economists who met top officials of the Reserve Bank of India (RBI), including Governor D Subbarao, on Monday, felt inflation had emerged as a key challenge and the central bank’s main objective should be to limit further rise in prices. There was a near-unanimous
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