Inflation At 8-Year-High, 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?
