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STUMPED GROWTH: Though price of crude has fallen to 120 per dollar mark, goverment keeps a tight monetary stance.

STUMPED GROWTH: Though price of crude has fallen to 120 per dollar mark, goverment keeps a tight monetary stance.

Govt stakes growth to fight high inflation

However, chances are that inflation itself would moderate by March next year on the back of strong monetary and fiscal action by the government.

REINING INFLATION: The RBI raised its key lending rate to a seven-year high of 9.0 per cent on Tuesday.

RBI move to contain inflation, says Govt

RBI raised its key lending rate to a seven-year high on Tuesday to curb inflation.

http://www.ibnlive.com/news/rbi-move-to-contain-inflation-says-govt/69832-7.html

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