(MENAFN) Indian inflation is still expected to pose a threat this year, warned Indian Central Bank Governor Raghuram Rajan, according to Iran Daily
Finance Minister Palaniappan Chidambaram said: "A developing economy like India that is seeking higher growth rates can tolerate higher inflation than advanced nations.
Wholesale inflation fell by 5.5 percent, said Chidambaram adding that it was "a big achievement.
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