Finance, Forex and Investments

Yahoo! News: Sparrows eat rice from rice bags at shop in Mumbai...

Summary: p Sparrows eat rice from rice bags at a shop in Mumbai March 19, 2009. Indian inflation headed towards zero in early March and analysts tipped it would soon turn negative, opening the way for the Reserve Bank of India to cut interest rates further to prop up demand and growth. The wholesale price index, India' most widely watched inflation measure, rose 0.44 percent in the 12 months to March 7, sharply lower than the previous week' 2.43 percent and below a forecast of 0.89 percent in a Reuters poll. REUTERS/Arko Datta /p

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