The moves came amid broader volatile trade in global bond and equity markets, faced with fears of resurgent inflation.
India's Wholesale Price Index surged to 8.3 percent in April 2026. Fuel and manufactured goods drove this sharp rise. Global crude oil prices and geopolitical tensions impacted fuel costs. Metal ...
India’s WPI inflation hit a 42-month high in April 2026 as crude oil, fuel, and metal prices surged amid global tensions.