Global oil prices, which have risen more than 20 percent this year and nearly 13 percent in June, was a major factor behind higher inflation
While markets have already priced in one rate hike in the months ahead, further hikes could put a damper on growth as Asia's third-largest economy goes into an election year
Wholesale inflation had been on a downward curve since November, closely imitating food inflation which had crashed over the period
The rupee also fell to an over 15-month low on lower dollar supply and strong demand from oil importers
Following easing of retail inflation in Feb, there's industry clamour for rate cut next month to maintain growth momentum
The easing for the second straight month offers bond investors in India -- the worst performing market among major Asian economies -- something of a temporary cheer
Inflation is defined as the rate of change in the prices of everything from a bar of Ivory soap to the costs of an eye exam
So far, domestic institutions have been net buyers. But if there are redemption pressures, this could change
Morgan Stanley expects CPI inflation to rise to a peak of 5.3% in June 2018 quarter before moderating to 4.4% by end-2018
There will be a seasonal decline in food prices by next month
With high interest rates, and a low risk of depreciation, portfolio inflows have risen sharply, leading to the appreciation of the rupee
The CPI and CFPI are up and there are fears that food inflation will continue to rise. High inflation could prevent RBI from reducing policy rates
Retail inflation rose to 5-month high of 3.36% in August due to costlier vegetables and fruits
Shift in crop sowing pattern likely to reduce production and raise prices
There are number of reasons for India, not to bring it (inflation) down too quickly: US expert
Corporate results have met expectations; CPI, IIP are at low levels means economy is in doldrums
The inflation enemy may have been weakened, but may be far from dead
The slide has prompted the RBI to slash its inflation forecasts
Inflation in India has clearly changed sides