Bad news..Prices rise further, cut in interest rate unlikely

New Delhi, Sep 12 India's annual retail inflation for August shot-up a full 1 per cent to 3.36 per cent, official data showed here on Tuesday. According to the data from Ministry of Statistics & Programme Implementation, the August's consumer price index (CPI) inflation rose to 3.36 per cent from 2.36 per cent in July. IANS