News Coverage
Weakness to continue till elections
23 Feb, 2011, 12:05 IST
| Mumbai, India
On the monetary policy front, a weak outlook and high volatility in the currency have curbed probability of rate cuts in spite of benign wholesale price index-based inflaion. It looks as if the markets and the country are waiting for elections to get over. Given the fact that politicians will get into a campaign mode, decision making will get stalled.