(Reuters) - India also needed to be very careful about trying to moderate the large capital inflows into the economy, although some types could be discouraged, C. Rangarajan, who heads the prime minister's economic advisory panel, told reporters at a financial conference.
"Cyclical overheating in an economy occurs when the existing capacities are being fully utilized and demand pressures are still there. Yes there is, to some extent, cyclical overheating," he said
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"Cyclical overheating in an economy occurs when the existing capacities are being fully utilized and demand pressures are still there. Yes there is, to some extent, cyclical overheating," he said
Read more at Reuters.com Business News
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