Freed by act, but chained by reality
Last week I was in the Tribal Welfare Ashram Girls Residential High School in Pedagaruvu village of Hukumpeta Mandal perched up in the eastern ghats of Vishakapatnam district of Andhra Pradesh.
RBI may hike rates anytime
Inflation in India is spreading and the Reserve Bank of India (RBI) could raise interest rates before its scheduled policy review late next month to tame high prices, a top government official said on Wednesday.
Food inflation slows, rates steady
India’s food inflation rate slackened in mid-May, after picking up pace for two weeks, giving the Reserve Bank more leeway to hold rates until its July review and gauge the impact of euro zone debt woes on the domestic economy.