Economists warn fuel price hikes and rising crude oil costs could push India’s retail inflation to 5% by June and pressure RBI policy decisions.

India's state-owned fuel retailers increased diesel prices by 2.71 rupees (US$0.0283) per liter and petrol by 2.61 rupees, dealers said on Monday, the fourth hike in May to…

Retail inflation may reach 5 percent by June due to fuel price increases and higher gold and silver import duties. Economists believe the Reserve Bank of India will observe the…