Thursday, August 25, 2011

Difficult days ahead - RBI

The Reserve Bank today warned of difficult days ahead, saying inflation will remain at elevated levels for some more time while the economic growth rate will moderate in the current fiscal.

Via Moneycontrol

Although RBI has been wrong a number of times as i have quoted here the above seems to be real scenario playing out currently unless there is a crisis or a semi crisis.

0 comments: