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Inflation slows to 7.45 percent in October

INDIA-ECONOMY-INFLATION-RBI:Inflation slows to 7.45 percent in October

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India's wholesale price index (WPI) rose a slower-than-expected 7.45 percent in October from a year earlier, government data showed on Wednesday.

Analysts on average had expected an annual WPI rise of 7.96 percent. The annual reading for August was revised up to 8.01 percent.

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No information dissemination before annual policy in May: Subbarao

Reserve Bank of India today said it there is no need to explain the monetary policy and it stands by monetary policy statement.

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