date:Sep 17, 2013
rden, which has risen after the rupee's fall and on higher crude prices.
Analysts estimate that such an increase in diesel prices would directly add 0.5 percent to headline inflation.
That will only make Rajan's job more difficult because measures to stifle inflation, such as raising interest rates, could at the same time undermine economic growth, already strained and running at a decade low.
Fed Up
Before he reveals his monetary stance, Rajan will have to first deal with the outcome of a p