Ballooning prices of food articles pushed up India's annual wholesale price index sharply to 1.62 per cent for June from 0.79 per cent for the month before.
According to a IANS report: This kept the inflation level in the positive...
Retail inflation, as measured by the Consumer Price Index (CPI), accelerated to 5.76 per cent in May, driven primarily by rising food prices, making it more unlikely for the central bank to cut rates in the near future.
According to...