Surge in expenditure poses policy dilemma for RBI
Surge in expenditure is pushing core inflation higher and could keep consumer price inflation well above the RBI's 4.7% target by March 2019
Mumbai: From living off money collected by her 4-year old daughter to spending at least 50% more on eating out and shopping, Indian housewife Ruth Timmy Verghese says she’s had a sharp lifestyle turnaround in the last few months.
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