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Inflation dips to 10.68%, RBI may cut rates

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    • Agencies Tags : economy, india, inflation Posted: Thursday , Oct 30, 2008 at 1621 hrs
    Inflation
    The wholesale price index rose 10.68 per cent on Oct. 18, below previous week's 11.07 per cent.
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    However crude oil prices have crumbled in recent weeks, leading to a fall in prices of some industrial fuel, including furnace oil, which was cheaper by six per cent while prices of light diesel oil declined by three per cent.

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    Inflation is a Killer for our economyBy: Anon | 30-Oct-2008 Reply | Forward Inflation is NOT a Worry???Getting ten to eleven percent of your wealth wiped out every year is not worrying? How long did it take you to save that amount???
    comment on news By: Rituparnapathak | 30-Oct-2008 Reply | Forward it should in more easior to back from this crises. this is the time to devlope our economy or built up our economy
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