Inflation to remain high for some more time:
The Chairman of Economic Advisory Council to PM, Dr C Rangarajan, on Monday said that overall inflation would remain at a high level for some more time, but as the monsoon progresses the food inflation will come down.
Inflation would continue to hover around 7.5% for another two to three months but is expected to soften from mid-October, Chief Economic Adviser Kaushik Basu said today.