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Thursday, August 23, 2018

Cars to consumer goods: How Indians are now loosening their purse strings

More than 1,200 manufacturing firms -- both small and large -- polled by the Reserve Bank of India (RBI) reported input price pressures and an increase in selling prices. The central bank raised interest rate twice since June to the highest in two years to curb price pressures and support the rupee amid a sell-off in emerging market currencies.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News


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