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India's inflation expected to decline starting December, says Deepak Parekh

India's inflation rate is anticipated to decline starting in December, according to Deepak Parekh, former chairman of HDFC. This sentiment is echoed by Reserve Bank of India Governor Shaktikanta Das, who noted that while inflation has exceeded the RBI's medium-term target and breached the 6 percent upper tolerance band in October, moderation is expected.
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