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Bloomberg: India's Inflation Rate Falls to Nine-Month Low on Decline in Energy Costs
India’s Inflation Rate Declines to Nine-Month Low (Update2) Dec. Bloomberg) -- India’s inflation rate fell to the lowest since early March as demand slowed amid the global economic meltdown and a drop in crude oil costs led the government to cut retail fuel prices.
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- News Source: The Economic Times | 11 months agoThe RBI will continue to be on vigil and do everything possible within its mandate to mitigate the impact of the crisis on the Indian economy." Since mid-October, the central bank has lowered its key lending rate by 250 basis points to 6.5 percent to...
- News Source: Androscoggin News | 11 months agoIndia’s Inflation Rate Declines to Nine-Month Low (Update2) Dec. Bloomberg) -- India’s inflation rate fell to the lowest since early March as demand slowed amid the global economic meltdown and a drop in crude oil costs led the government to cut...
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