MUMBAI—India’s central bank raised its main lending rate Wednesday, after inflation picked up following a recent surge in crude-oil prices. The Reserve Bank of India’s monetary-policy committee, headed by Gov. Urjit Patel, raised its repurchase rate to 6.25% from 6%. Equity markets, bonds and the Indian rupee were little changed in response....

Source: Wall Street Journal June 06, 2018 10:23 UTC