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Indian economic data likely to offer new PM Modi some cheer

Indian economic data on Thursday is likely to offer some cheer for new Prime Minister Narendra Modi by showing a pick-up in industrial activity and easing inflation.
in.reuters.com Published: June 11, 2014
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NEW DELHI, June 12 (Reuters) - Indian economic data on Thursday is likely to offer some cheer for new Prime Minister Narendra Modi by showing a pick-up in industrial activity and easing inflation.

Modi has listed fighting inflation, particularly food inflation, as his topmost priority. He aims to win the battle by improving supplies of food and clamping down on "hoarders," according to Reuters.

See this story on in.reuters.com