India's inflation rate hits seven-month high

India's inflation rate rose to a seven-month high in September, limiting the room for authorities to ease monetary policy as they look to spur growth.

India inflation rate rises amid weakening currency

India's inflation rate rose by more-than-expected in July as a weaker currency brought higher import costs. India's main gauge of inflation, the Wholesale Price Index, rose 5.79% from a year earlier, up from 4.86% in June.