Controlling inflation is immediate goal for India

India's finance minister said on Friday 3 November controlling inflation expectations was the government's immediate goal and it would use all fiscal and monetary measures to bring down inflation towards 4 percent.

Palaniappan Chidambaram also said the Indian rupee's movements had been orderly and the government had no exchange rate target at the moment -- remarks that prompted the currency to rally to a six-month high.

"The most important and immediate goal of the government is to control infl

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