Finance Minister Pranab Mukherjee says the rate hike by the Reserve Bank will gently tighten money supply and help moderate inflation. <br/><br/>Speaking to reporters in New Delhi on Tuesday, Mr Mukherjee said if nothing untoward happens on the weather front, he believes that overall inflation should be on downward trajectory from now on.<br/>
News On AIR | April 20, 2010 1:55 PM
Increase of key rates by RBI will tighten money supply: Pranab