India's retail inflation in October accelerated to 6.21% year-on-year, breaching the central bank's target range for the first time in over a year, as food prices remained stubbornly high, government data released on Tuesday showed.

India's retail inflation surged to a 14-month high in October, driven by a sharp rise in vegetable prices, curtailing expectations of an interest rate cut by th

The Reserve Bank of India (RBI) is mandated to keep inflation in a range of 2%-6%, with a medium term target of 4%.