Worst BRIC Inflation to Stay as Rains Revive Late

Worst BRIC Inflation to Stay as Rains Revive Late

Sanjit Das/Bloomberg

A shopkeeper handles rice in a grocery store at a local market in Chitranjan Park in New Delhi, India. India raised the minimum price of rice to a record 1,250 rupees ($22.4) per 100 kilograms, Finance Minister Palaniappan Chidambaram said June 14.