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Economics

That other surprise

The drop in oil prices has taken away the hard place. Indian inflation has dropped from last year's high of 8.8% -- the RBI's target is 6% -- to 5.0% in December.

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Read more: RBI,  December 2014,  India,  Economics,  Bank Rate,  December 2013,  February,  GDP growth,  Indian GDP growth,  June outlook,  June quarter,  Raghuram Rajan,  Reserve Bank,  Reserve Bank of India,  SNB,  Swiss National Bank,  World Bank,  World Economic Prospects,  World Economic Prospects report