Inflationary pressure becoming visible:
Reserve Bank deputy governor Subir Gokarn on Wednesday said inflationary pressure on food and other items is becoming increasingly visible, even as others debate over whether the high rate of price rise will cool from the current level of 9.9 per cent in the next few months.
The underlying inflationary pressures have accentuated, even as risks to growth are emerging, the Reserve Bank of India said on Thursday while hiking key policy rates by 25 basis points.