India's wholesale price inflation rises to 10.49 per cent in April compared to 7.39 per cent in March

India's wholesale price inflation, or WPI, rose to 10.49 per cent in April compared to 7.39 per cent in March on account of sharp surge in oil price and global commodity prices.   "The inflation in April is high primarily because of the rise in prices of crude petroleum and manufactured products as compared to the corresponding month of the previous year," the official release said.   Inflation in the fuel and power basket zoomed to 20.94 per cent in April while Manufa...