He also said that the moderation in commodity prices augurs well for inflation, with retail inflation expected to ease to around 4%, the mid-point of 2-6% target for the RBI's monetary policy committee. Retail inflation has cooled down to 4.7% in April after topping 6%, providing cheer to policymakers.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/siZHBmF
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