OMG!!! India's Inflation 11.05%.

Yes its a shocker for most of the families in INDIA as the inflation soared to 11.05% from 7.28% in a months time. Thanks to the good political decision (oops) by our government, in the event of constant rising prices of petrol, diesel and cooking gas this was bound to happen eventually but it was speculated that this would rise to 9% and not 11.05% and that to this soon. The new inflation level was the highest in 13 years since May 1995.

However, I still cannot understand how our brainy politicians (and I really mean it) educated in Cambridge and Oxford and having lot of political experience couldn't foresee where the inflation was heading.

With election just around the corner and N-Deal still hanging by thread, UPA government would need a miracle to be able to pull out of this mess.