'Inflation to remain high for next three months'
Inflation is expected to remain high for the next three months and the Reserve Bank of India's next move on policy rates depends much on how the situation pans out in the coming three weeks, according to Prime Minister's economic advisory council chairman C Rangarajan.
Inflation jumped to 3.4% in March from 3.0% in February on the back of rising gas and petrol prices, new figures showed on Tuesday.