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Economy and Politics

Inflation rose to 6.95 per cent in February because of sharp increase in food prices, especially vegetables and protein-based items. Inflation, as measured by the Wholesale Price Index (WPI), was 6.55 per cent in January.

 
 
Dealers say higher opening in local equities amid sustained foreign fund inflows supported the rupee.
China is heading towards slower growth says the Paris-based think tank.
Given the political compulsions, here are 10 steps Railway Minister Dinesh Trivedi should initiate in this Rail Budget.

Opposition is likely to raise the issue of bringing back black money stashed abroad in the Budget Session.
Fresh demand for the US currency from importers steps up dollar purchases for making payments, putting pressure on the rupee.
 
 
Dealers said increased foreign capital inflows amid higher opening in local equities mainly kept the rupee sentiment firm.
Officials admit that the total investment in Railways is not even 10 per cent of what is projected from public-private partnership projects.
With an eye on Tripura polls next year, Railway Minister Dinesh Trivedi is likely to make a special mention of the need for improving connectivity in North-East.
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