NEW DELHI The finance ministry delivered a report on the state of the economy on Wednesday, a day before Finance Minister P. Chidambaram unveils what is expected to be the most austere federal budget in years.
The annual report was prepared by Raghuram Rajan, the former chief economist to the International Monetary Fund (IMF), who became the top adviser in the finance ministry last year.
(Reporting by Tony Munroe)
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India's annual consumer price inflation edged up to a 17-month high of 5.69 percent in January, driven up by higher food costs, government data showed on Friday. Full Article