India inflation to be near zero in FY10- adviser

India's wholesale price inflation is expected to be between 2 per cent and minus 2 per cent in the fiscal year to March 2010 according to chief economic adviser, Arvind Virmani.

India's wholesale price inflation is expected to be between 2 per cent and minus 2 per cent in the fiscal year to March 2010, chief economic adviser Arvind Virmani said on Friday.

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On Thursday, data showed the wholesale price index rose 0.27 per cent in the 12 months to March 14, below the previous week's annual rise of 0.44 per cent.