Inflation At 8-Year-High As Cost Of Living Soars

There's bad news on the inflation front. India's retail inflation surged to 7.79% in April. The consumer price-based inflation figure stayed well above Reserve Bank of India's upper tolerance limit for the fourth consecutive month. In April, the CPI inflation expanded at its highest pace in eight years. This is terrible news for millions across the country. What are the implications, when will things start getting better? Soumya Kanti Ghosh, SBI's Group Chief Economic Advisor joins us on the show.