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Inflation at 6.1% could crimp Raghuram Rajan’s moves

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India’s wholesale inflation, measured by the wholesale price index (WPI), came in at 6.1% in August, compared with 5.79% in July.

 

India’s economy grew at 4.4%, the slowest in a decade in the first quarter of 2013-14, but recent data from the government had prompted many analysts to believe the worst is over. Read more

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