Tag: inflation trends in India

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Posted in Economy

RBI not in favour of rate hikes to defend rupee, prioritises inflation

MUMBAI, – India’s central bank does not see interest rate hikes as the best way to defend the embattled rupee, three sources said, a position…

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Posted in Economy

India wholesale inflation jumps to 8.3%, highest in 3-1/2 years on oil shock

India’s wholesale inflation unexpectedly accelerated to 8.3% in April, its fastest pace in three-and-a-half years, as surging energy costs triggered by the Middle East conflict…

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