Reasons for current rise in inflation in india?

Question

Reasons for current rise in inflation in india?

Answer 1

its universal, not only in india.

Answer 2

abhishek, the problem is not just global, one reason in india to rise the rates of edible oil and food grains is the comodity exchange market, i.e trading in comodity scrips, which has created hoarding of stocks to sell later once price rises.

Answer 3

Global inflation is the main reason

Answer 4

Oil controls Forex and Stock.

It is the rising Crude Oil prices.. Just check out NYMEX crude going up u will see inflation.

Answer 5

Indian economy is highly influenced, by Global Inflation as well as domestic inherent problems, such as group of parties forming Government, to an extent.