India’s retail inflation breaches RBI’s tolerance level first time since October
India’s annual retail inflation in January rose above the central bank’s upper threshold for the first time in three months, on higher food prices, vindicating last week’s hawkish monetary policy stance
EXCLUSIVE U.S. trade official called India’s Mastercard ban ‘draconian’-emails
A senior U.S. trade official privately criticised India’s July decision to ban Mastercard Inc (MA.N) from issuing new cards, calling it a “draconian” move that caused “panic”, according to U.S. government emails seen by Reuters.
