RBI fails to meet inflation mandate; Sept CPI surges to 7.41 per cent

New Delhi [India], October 12 (ANI): India's retail inflation surged to 7.41 per cent in September, remaining above the Reserve Bank of India's mandated range of 2-6 per cent for the third straight quarter that would force the central bank to explain to the government the reasons for not being able to control the price rise.

As per the National Statistical Office (NSO), Ministry of Statistics and Programme Implementation,