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Govt on the back foot on inflation |
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With oil prices rising to new peaks everyday, steps taken by the Government to bring down prices are not having the desired impact. Despite government’s moves to curb inflation, the rate of inflation went upto 7.61 per cent for the week ended April 26 from 7.57 per cent the previous week.
Under pressure, the Government has banned futures trading in four more commodities, chana, soya oil, rubber and potato, despite an expert panel telling the government that futures trading had little impa ...
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