Business Standard

<b>Inflation impact</b>:Big challenge for govt

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Press Trust of India New Delhi

Within minutes of the release of the government data, sensitive BSE index of stock markets tanked about 350 points, reflecting the nervousness of the investors about the efficacy of the measures being taken by the Finance Ministry and the Reserve Bank of India.

Besides fuel prices, rise in prices of food products particularly edible oil and manufactured goods added to the pressure on price line and woes of the government.
 

 

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First Published: Jun 20 2008 | 3:00 PM IST

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