Mundle

Mr. Mundle said inflation will ease in the January-March quarter as global commodity prices will begin to cool by then, helped by a favorable base.

RBI Adviser: Further Rate Increases Unlikely Anant Vijay Kala 2011

Mr. Mundle said an overwhelming majority of members favored the central bank to hold its policy rate steady at the October meeting.

RBI Adviser: Further Rate Increases Unlikely Anant Vijay Kala 2011

Mr. Mundle expects the economy to grow 7.0%-7.5% this fiscal year, below the RBI's 7.6% forecast.

RBI Adviser: Further Rate Increases Unlikely Anant Vijay Kala 2011

Mr. Mundle said inflation was being driven by high global commodity prices and local supply issues, and raising the policy rate will be ineffective in controlling price pressures.

RBI Adviser: Further Rate Increases Unlikely Anant Vijay Kala 2011

Mr. Mundle said the RBI's cautious "baby steps" approach hasn't been very effective and the central bank should have rather raised rates in much more chunkier moves, which would have helped "shock" the market and break inflationary expectations.

RBI Adviser: Further Rate Increases Unlikely Anant Vijay Kala 2011

"I thought it [rate increases] should have ended last time [July policy] itself, but they [central bank] pushed it forward," Sudipto Mundle, a member of the Reserve Bank of India's technical advisory committee on monetary policy, said late Thursday.

RBI Adviser: Further Rate Increases Unlikely Anant Vijay Kala 2011

Wealthier families aren't immune to the impact of the recession, Mundle told the Arizona Republic.

'Well-To-Do' School Has Growing Homeless Student Body 2010

"We have families who have lost everything, dads who had [investment] properties that didn't go well, an engineer who hasn't been employed for a year," Mundle said.

'Well-To-Do' School Has Growing Homeless Student Body 2010

"It's gotten bigger every year for the district," Mundle said.

'Well-To-Do' School Has Growing Homeless Student Body 2010

His English teacher alerted Mundle of the situation so she could offer help, the social worker told the Arizona Republic.

'Well-To-Do' School Has Growing Homeless Student Body 2010