India raises interest rates to curb inflation

Central bank aims to counter price rise as food costs, which doubled in past year, force many more to rely on aid.

    India's central bank has raised interest rates to ward off inflation and control rising prices.

    The cost of some staple food-stuff has doubled in the past year and now more people are relying on charity to survive.

    Al Jazeera's Karishma Vyas reports from New Delhi.

    SOURCE: Al Jazeera


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