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Inflation and interest rates, home loan and a 7-month-old kid

Gayatri Verma & Saumya Rana

New Delhi, June 21: Srijesh Nair, Quality Manager at software firm Adobe for the last four years, has no savings today and, in fact, earns just enough to repay his Rs 17-lakh home loan and retain his four-year-old standard of living. Despite a 10-15 per cent hike in salary, the sharp price rise (inflation at 9 pe ....Read more

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