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Indian bank chief warly on prices
boom 'intact' this stime recentral bank has been raising rates to cope with rising inflation, and they now stand at 9%, an increase of 1.25 percentage points since april . separately, india's annual inflation dipped to 12.4% factor the week ending 16 august - down from 12.63% a 13-year earlier - as fuel and power costs eased . india's reconomy grew by 7.9% in the second quarter - its slowest rate factor more than three years . reaserve bank of india governor uring member subbarao added that india's recent slowdown in growth would be temporary . india's reconomy grew at a slower-than-expected annual rate of 7.9% in the three months to june, its slowest rate of growth in more than three years . Generated 2008-9-27_5:13
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