Spotlight : Inflation in India

Inflation surges to 7.83 percent, Chidambaram urges patience

IANS - 06:36 PM

New Delhi, May 16 (IANS) India's annual inflation rate rose to a three-and-a-half-year high of 7.83 percent for the week ended May 3, up from 7.61 percent in the week before. Finance Minister P. Chidambaram admitted the development was 'worrying' but counselled patience. More »

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