RBI third quarter review

On January 24 Reserve Bank of India governor, Dr Y Venugopal Reddy, presented the central bank's third quarter review of annual monetary policy for the year 2005-06. Reddy said "recent data suggest that growth is, by and large, well spread across various sectors of the economy". Economic growth accelerated with GDP expanding by 8.1% for the first half of the year, "one percentage point higher than in the first half of last year". Inflation, measured by the consumer price index (CPI) for

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