Hard To Say Worst Over For Eco: Bimal Jalan
  • Prabha Hedge
  • Jan 16 2014

January 16: The latest high-frequency data which was out yesterday, WPI for December eased to a 5-month low. And now all eyes are trained on the Reserve Bank of India’s next monetary policy review on January 28. The WPI figures perhaps give the central bank further impetus to keep key rates on hold. Bloomberg TV India speaks to Bimal Jalan, Former Governor, RBI to understand how decline in December WPI may impact RBI’s next policy decision.