On Record/Inflation at 7.8%, a 10-Month High ; It Is Very Difficult for RBI to Cut Interest Rates ... Because (Inflation) Numbers Don't Justify Reduction, Says Deepak Parekh, Chairman, HDFC, in Business Standard

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