Indian economy: Inflation at 14-month high

  0 comments   |     by A Report on December 16 , 2013

Policymakers have been grappling with high prices for food staples such as onions and potatoes even after the Reserve Bank of India (RBI) raised interest rates by a quarter percentage point in each of its previous two reviews.

At times, high food prices have brought down Indian governments, and they were seen as a major factor behind the drubbing suffered by the ruling Congress party in state ele

Share to Facebook