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Hailing the decision of the US Fed to maintain status quo, the Finance Ministry on Friday said it will provide space for monetary policy action and boost software exports. With the inflation in decline and the US Fed not raising interest.

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MUMBAI (Reuters) – India’s annual consumer price inflation accelerated by a stronger-than-expected 3.65 percent in February, mainly driven by food prices, after touching its lowest level in at least five years in January, government data.

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Hailing the decision of the US Fed to maintain status quo, the Finance Ministry on Friday said it will provide space for monetary policy action and boost software exports. With the inflation in decline and the US Fed not raising interest.

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MUMBAI (Reuters) – India’s annual consumer price inflation accelerated by a stronger-than-expected 3.65 percent in February, mainly driven by food prices, after touching its lowest level in at least five years in January, government data.

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