Retail inflation up a tad on rise in food, bullion prices - The Economic Times
Retail inflation reached a four-month peak of 3.5% in April. This rise was fueled by increasing food and gold/silver prices. Economists anticipate further inflationary pressures ahead. The Reserve Bank of India is expected to maintain its current policy rate. Inflation is nearing the RBI's target, suggesting a pause in rate hikes for now.