Associated Press
Reserve Bank of India (RBI) Governor Duvvuri Subbarao smiles during a monetary policy review meeting in Mumbai, India, Tuesday, July 31, 2012. India's central bank kept its key interest rate on hold Tuesday because of high inflation and warned that a weak monsoon and intensifying global risks will drive down growth faster than anticipated in Asia's third largest economy.( (AP Photo/ Rajanish Kakade)

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