Thu, 12 Dec 2013 15:21:03 GMT
Indian inflation exceeds 11% in November
The consumer price index in India surged 11.24% in November of this year on the annual basis, while the Central bank could reject to increase the main interest rate, as the industrial production declined. The total output shrank 1.8% in October, more than economists predicted before. The current key interest rate is 7.75%, which has already been increased in September