But it contributed in some way in bringing down inflation , saysto the, in an interview with Gayatri Nayak and Joel Rebello. Basu, who now heads the International Economic Association, was in Mumbai to deliver the Lalit Doshi Memorial Lecture. If I were to vote, I would have voted for a 50-bps cut itself. So, I don't expect inflation is going to pick up in a hurry.No, RBI has to rightly worry about inflation. In recent weeks, prices of tomato and a couple of other things are going up.

Source: Economic Times August 05, 2017 04:41 UTC