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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.

    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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