India's Rising Inflation Strengthens Case for Rate Hikes — Market Talk
0426 GMT - Faster price increases in India, driven by costs of food and oil and rising core inflation, strengthen the case for a shallow rate-hiking cycle, Nomura analysts Sonal Varma and Aurodeep Nandi say in a note. Consumer prices rose 4.8% on year in August from 4.5% in July, while core inflati…