April monetary policy a fine balancing act

It has been beaten to death by banking analysts and economists through intense discussion and dissection. Four days after it was announced, writing on the Reserve Bank of India’s (RBI’s) monetary policy is a predicament akin to that of Larry Fortensky’s, a US construction worker who was the seventh and last husband of Elizabeth Taylor (by her eighth marriage; she married Richard Burton twice). Fortensky knew well what he was expected to do on their honeymoon in 1991 at Michael Jackson's Neverland Ranch but his challenge was how to be different from Taylor's prev.....

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