Indian economy: Inflation at 14-month high

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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

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