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RISING: A vendor arranges vegetables at a wholesale market in Siliguri.

RISING: A vendor arranges vegetables at a wholesale market in Siliguri.

Inflation picks up, set to accelerate

The wholesale inflation rose at its fastest pace in six months in the year to October 17 and is set to quicken sharply, just as the Reserve Bank of India forecast this week in laying the ground work for a future rate rise.

MONEY MATTERS: The lending will not increase the burden on the exchequer, says the Government.

India to lend up to $10 billion to IMF

This will not load the Govt or further stretch its resources, says a statement.

http://www.ibnlive.com/news/india-to-lend-up-to-10-billion-to-imf/100688-7.html

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