<p> India's inflation rate of 7.5 percent is still high, the central bank governor Duvvuri Subbarao said on Friday, adding the RBI was on alert to manage both growth and inflation.</p>.<p>India's headline inflation rose 7.45 percent in October, data on Wednesday showed, unexpectedly easing to its slowest pace in eight months.</p>.<p>Subbarao was speaking on the sidelines of a banking summit in Pune.</p>
<p> India's inflation rate of 7.5 percent is still high, the central bank governor Duvvuri Subbarao said on Friday, adding the RBI was on alert to manage both growth and inflation.</p>.<p>India's headline inflation rose 7.45 percent in October, data on Wednesday showed, unexpectedly easing to its slowest pace in eight months.</p>.<p>Subbarao was speaking on the sidelines of a banking summit in Pune.</p>