La Tomatina: A taste of inflation, political strategies at Mint Street and Parliament

Tomatoes are causing a stir in India due to increasing prices caused by harsh weather conditions and reduced planting areas, impacting inflation projections and catching the attention of the Reserve Bank of India and the Indian Parliament. The RBI today raised inflation forecast for India, largely due to food price shocks, while the government vouched how well they have handled price pressures.

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