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India's inflation rate seen moderating, slips to 12.10 percent India's wholesale price index (WPI)-based inflation rate eased to 12.10 percent in the 12 months to August 30, from previous week's figure of 12.34 percent, government data showed on Thursday, bringing optimism that the central bank might relax its tight monetary stance. 11 Sep 2008
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India's growth story "intact and credible," says RBI's new chief Finance Secretary, Duvvuri Subbarao has taken over the reins of India's central bank, promising to keep India's economic growth "intact" and bring down inflation to a comfortable level. 10 Sep 2008
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Two more "Spider-Man" films on the way Tobey Maguire and "Spider-Man" director Sam Raimi plan to reunite for the fourth and fifth installments of Columia Pictures' comic book franchise, dispelling speculation that a new actor would play the crime-fighter. 07 Sep 2008
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India's inflation rate eases to 12.34 percent but pressures remain India's wholesale price index (WPI)-based inflation rate eased to 12.34 percent in the 12 months to August 23, from previous week's figure of 12.40 percent, government data showed on Thursday, but failed to lift spirits as economists continued to worry that the central bank would not relax from its tight monetary stance as underlying inflationary pressures remained unchanged. 05 Sep 2008
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Clean up your act, RBI tells credit card issuers India's central bank, the Reserve Bank of India (RBI) has ordered banks in its latest circular to stop issuing unsolicited credit cards or face dire consequences. 03 Sep 2008
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No more exorbitant charges on credit cards: RBI India's central bank, the Reserve Bank of India (RBI) has cracked down on banks that charge excessive rates on credit card dues, by directing the banks to publish the upper ceiling of charges by the end of August. 02 Sep 2008
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India's economic growth slips to 7.9 percent in Q1 FY09 India's economy grew at its slowest rate in more than 3 years, growing by 7.9 percent during the first quarter (April-June) of the current fiscal year (Q1 of FY09) on account of decline in growth in manufacturing and utilities sectors. 29 Aug 2008
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Inflation eases to 12.40 percent; "early signs of moderation" seen, says FinMin India's wholesale price index (WPI)-based inflation rate stood at 12.40 percent in the 12 months to August 16, lower than previous week's figure of 12.63 percent, government data showed on Thursday, easing worries of further hike in key interest rates. 28 Aug 2008
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No Respite: India's inflation rate surges to 12.63 percent, monetary tightening seen India's wholesale price index (WPI)-based inflation rate has surged to a new 16-year high of 12.63 percent in the 12 months to August 9, higher than previous week's figure of 12.44 percent, government data showed on Thursday, sparking worries that the central bank will move soon to further tighten monetary policy in its bid to curb credit growth and tame inflation. 21 Aug 2008
