Nomura in a recent note said that India's annual inflation based on wholesale prices could speed to 8% by end March 2010 backed by rising input costs and strengthening economic activity.
Nomura whose inflation estimate is higher than the RBI's projection of around 5% by end March expects
http://www.steelguru.com/news/index/2009/10/07/MTE0OTcw/Macroeconomic_indicators_-_Inflation_seen_at_8pct_by_March_-_Nomura.html
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