NEW DELHI: Food and fuel inflation accelerated in the third week of August, maintaining pressure on the central bank to tighten monetary policy. Despite a muted global economic recovery and signs that India's booming growth may have peaked, the central bank is expected to raise rates by another 50 basis points in 2010. Data released on Friday showed that the food price index, which has a weightage of over 15...
Full Story: The Times of India
