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RBI rate cuts to depend on inflation scene: Rangarajan

New Delhi: Prime Minister's Economic Advisory Council (PMEAC) Chairman C Rangarajan today said policy rate cuts by the RBI will depend on inflation movement. "I think that it (whether RBI should cut interest rates) will depend on inflation numbers. If ...

CAD will reduce below $70 billion: Rangarajan

Chennai: Stating that there has been improvement in the trade account, Chairman of the Economic Advisory Council to Prime Minister C Rangarajan on Monday said the Current Account Deficit (CAD) will go down well below USD 70 billion. Pointing out ...

Rupee at current level is well corrected: Rangarajan

New Delhi: The rupee at the current level is "well corrected" and it will gain further with stability returning to the forex market, Prime Minister's Economic Advisory Council Chairman C Rangarajan on Friday said, amidst volatility in the exchange value of ...