Friday, May 16, 2008

India's inflation rate rises to highest in 3.5 years

(NEW DEHLI) India's inflation rate unexpectedly rose to the highest in three and a half years, adding pressure on the central bank to raise borrowing costs further to tame prices.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,279684,00.html?

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