A V Rajwade: Problem or solution?
WORLD MONEY

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WORLD MONEY

It is difficult to recall now, when prices are in three-digit dollars, but a decade ago, prices were in single digits! Prices of other commodities, including steel, foodgrains and other agricultural produce, have also risen sharply. One result is that inflation, as measured by the Wholesale Price Index (WPI), has gone up to politically unacceptable levels
First Published: May 05 2008 | 12:00 AM IST