India to curb sugar exports, slash edible oil tariffs to tame price spike

With retail inflation touching a near eight-month high of 7.79 per cent this April, the government is looking at a series of measures to tame prices, including curbs on sugar exports and further reduction in import tariffs on edible oils.

These measures come close on heels of an unprecedented ban on wheat exports imposed on May 13, which has been further tightened over the week to…