Wednesday, July 23, 2014   

India 'committed' to tackling rising inflation
(06-17 18:45)

India's central bank chief said that tackling spiraling inflation would be a priority in the coming months, amid fears of further price rises hitting tens of millions of the country's poor.
Reserve Bank of India governor Raghuram Rajan's comments come a day after the government said wholesale inflation had hit a five-month high in May, driven by higher food and fuel prices.
Forecasts of a weak annual monsoon that could cut crop production across the country have further fueled inflation fears.--AFP
   
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