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US CPI Rises, India Retail Inflation Moderates, RBI Lifts Ban On Kotak Bank

In the top news back home, India’s retail inflation moderated to a five-month low in January, led by lower vegetable prices. The CPI based inflation moderated to 4.31% in January from 5.22% in December. This was below consensus estimates, which had pegged it at 4.4%.

Food and beverage inflation…

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