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Indian inflation accelerates to fastest in 13 years

Source: Gulfnews.com

Mumbai : India | about 1 year ago

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9 Mumbai: India's inflation accelerated to the fastest pace since 1995, raising concern the central bank will increase borrowing costs for a third time this year. Wholesale prices rose 11.89 per cent in the week to June 28, after gaining 11.63 per cent in the previous week, commerce ministry spokesman...

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Inflation: 10-year bond yields hit 7-year high

News Source: India Abroad | about 1 year ago

It also raised concern that the Reserve Bank of India [ Get Quote ] may hike interest rates in its review of the monetary policy 2008-09, scheduled on July 29. Yield on the benchmark 8.24 per cent note, due in April 2018, rose 30 basis points this...
Indian inflation accelerates to fastest in 13 years

News Source: Gulfnews.com | about 1 year ago

9 Mumbai: India's inflation accelerated to the fastest pace since 1995, raising concern the central bank will increase borrowing costs for a third time this year. Wholesale prices rose 11.89 per cent in the week to June 28, after gaining 11.63 per...