India's consumer prices rose 5.4% in April from a year earlier, the statistics ministry said on Thursday, a sharper increase than economists had expected, driven up by higher food prices.
Forget the headlines about tensions with India’s government: Raghuram Rajan is likely to stay on as India’s central bank...
Reserve Bank of India (RBI) governor Raghuram Rajan, referring to the controversial new methodology for calculating India’s GDP growth, said a better computation of growth is essential to capture the net gains to the economy.