Reeling under relentless inflationary spiral, government and top Congress leadership got into action on Saturday to formulate measures to check prices as Finance Minister P Chidambaram cautioned against "panic".
The strategy for managing inflation that shot to 13-year high at 11.05 per cent was discussed with Prime Minister Manmohan Singh by both Finance Minister and RBI Governor Y V Reddy.
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Chidambaram later conferred with Sonia Gandhi to apprise her of the situation.
Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.
Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.
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