Finance Ministry today said it expects RBI to take monetary measures to help tame the inflation, which has soared a 13-year high of 11.05 per cent.


</p><tr><td><p class='TableClas'></p><P class='TableClas'><DIV CLASS=rightDiv><script language="JavaScript">
		google_ad_client = 'businessstandard';
		//google_ad_client = 'ca-businessstandard_js';
		google_ad_width = 200;
		google_ad_height = 200;
		google_ad_format = "200x200_as";
		google_ad_type = "text";
		google_ad_channel = "";
		//google_color_border = "FFFFFF";
		google_color_border = "F7F7F7";
		//google_color_bg = "FFFFFF";
		google_color_bg = "ffffff";
		//google_color_link = "639ACE";
		google_color_link = "0253B7";
		google_color_text = "000000";
		google_color_url = "D63431";
		//google_skip = adsenseSkip;
		</script> 
		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>"We expect RBI to take some monetary measures," Finance Secretary D Subba Rao told reporters here.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </P>
</p><p class='TableClas'>He said RBI Governor Y V Reddy had detailed discussions with Finance Minister P Chidambaram and later met Prime Minister Manmohan Singh.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </P>
</p><p class='TableClas'>However, Rao said that the inflationary pressures are likely to continue for next few months because of base effect. </P></p><p class='TableClas'></p></table>


RBI to take measures to check inflation: FinMin

More From This Section

Steel policy on cards to iron out woes

ED slaps Rs 99-cr penalty on IPL team Rajasthan Royals

Rlys cuts spending on metro projects

Budget won't be the sole ratings driver, says Fitch

Explore News