Petrol price hike impact on inflation is 10-15 bps: Gokarn

............Petrol price hike, however, may have had an impact on inflation by 10-15 basis points, he adds. Gokarn also believes that fall in oil prices has provided some relief on inflation. The rupee has been losing value against all the major currencies, especially the American dollar, since April and hit an all-time low of 56.52 yesterday. It has shed nearly 24% year-to-date...........

Read........