Barclays Plc expects to axe up to 12,000 jobs this year to cut costs but it is also paying staff higher bonus - EPA Photo.
MUMBAI: Inflation in India is rebounding and on course to accelerate after the world’s biggest election concludes this month. Yet that’s unlikely to distract monetary policymakers from their focus on supporting economic growth.
Data on Monday showed consumer prices rose 2.92% in April from a year earlier, compared with the 2.99% median estimate in a Bloomberg survey of 39 economists.
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