If you open any newspaper or tv channels these days, the one news which is very much talked is about Inflation. "Inflation percentage is getting higher and higher every day", "Commodity Price Index is getting increased", "Bush blames on China & India for inflation" so on.
Finance minister says that lot of measures have been taken in regard to this.
Next few days you will notice following headlines.
"Reserve Bank of India has increased the CRR (Cash reserve ratio). "
"The export of steel, cement has been controlled."
"Housing Loan rate has been increased."
If you are not sure on how this controls inflation. Check the site published by RBI with the intention of teaching the children, the very basic concepts about money. But this is really helpful to understand the very basics.
Inflation
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