"KING:'Reserve Bank of India (RBI)
kept all the key rates unchanged. Is RBI too optimistic that the
Indian Economy will revive in the 4th Quarter of Financial Year
2013-14?' HERMIT:'Probably, this time, RBI gave more respect to
Indian Politics than Indian Economy. Finance and Politics are
directly proportional to each other. RBI knows very well that before
the Lok Sabha Polls of 2014, the UPA Government will try its level
best to keep the food inflation down and increase the IIP numbers.
Let's see if this gamble of RBI really works or not.'"-Arindam
Sain
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