http://online.wsj.com/article/SB10001424052748704132204576135812275017014.html

• annual food inflation rate came down from 17.1% to 13.1%
• central bank has had 7 rate hikes since march, which is affecting stockmarket
• 47% of CPI is annual food inflation
• Indian industrial output on Friday - Index of Industrial Production (IIP) figures today showed that growth plunged to a dismal 1.6% in December 2010, compared to 2.7% in the preceding month and 18% in the same month a year ago. (Market rallied 1.6% on this, what does that mean?)