Business Today

On Record/Inflation at 7.8%, a 10-month high

     Print Edition: Nov 11, 2012

Deepak Parekh
Deepak Parekh
"It is very difficult for RBI to cut interest rates ... because (inflation) numbers don't justify reduction"
Deepak Parekh, Chairman, HDFC, in Business Standard

Montek Singh Ahluwalia
Montek Singh Ahluwalia
"When you raise a key price like diesel, in the short run you have an uptick, but the idea that six months later the inflationary situation will be worse as a result of this is not true"
Montek Singh Ahluwalia, Deputy Chairman, Planning Commission, to wire agencies

Joseph Stiglitz
Joseph Stiglitz
"In a trade-off between growth and moderate inflation, I would plump for growth"

Joseph Stiglitz, Economist and Nobel prize winner, in The Economic Times

C. Rangarajan
C. Rangarajan
We could get to about 7% by March 2013. That also depends on how food prices behave in between. I would say that the tendency for inflation hereafter would be in the downward direction.

C. Rangarajan, Chairman of the Prime Minister's Economic Advisory Council, in The Economic Times

"Inflation is likely to remain high in the 8-8.2 per cent range until the quarter ended December 2012 and it is expected to 'moderate' to around 7-7.5 per cent level by quarter ended March 2013
Morgan Stanley in a report
 



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