NEW DELHI, June 17 |
Fri Jun 17, 2011 2:47am EDT
NEW DELHI, June 17 (Reuters) - India needs to bring down
cost of services and production to control inflation, K.C.
Chakrabarty, a deputy governor of the central bank, said on
Friday.
The Reserve Bank of India raised interest rates on Thursday
for the 10th time in just over a year to combat stubbornly high
inflation and signalled more increases to come even as growth in
Asia's third-largest economy
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