Thursday, March 26, 2009

India's inflation pushing zero

(NEW DELHI) Inflation in India edged closer to zero, official data showed yesterday, raising fears of deflation and prompting expectations of a further cut in interest rates to spur the slowing economy.

Source: http://business-times.asiaone.com/mnt/html/btpre/registration/redirect.jsp?dlink=/sub/news/story/0,4574,325593,00.html?

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