Said the Minister, with slight hesitation,
Isn't border onslaughts,
Nor vile terror plots."
"Then what's it?" I asked, "It's inflation!"
Sify Business 31/03/08: Alarm bells are ringing loud for Reserve Bank of India (RBI). The inflation figures released last week have put the financial authority at the central bank in dilemma. For the week ending March 15, the inflation stood at 6.68%, a whooping 76 basis points increase over the previous week figure. Not only is the figure way above the target set by the RBI, but also at 13-month high. Read about it here