India's WPI is at a 14 month high pressuring the RBI to raise interest rates on Wednesday.WPI is currently at 7.52% and Inflation is at 11.24%.RBI rejected investment from foreign institutional investors in HDFC Bank as it reaches its limit of 49% paid up capital.The Sensex falls for a 5th day in a row because of upcoming US Fed and RBI news on Wednesday.Blackstone is announced an India-based private equity venture.Walmart downsized by 150 employees in India.Hitachi affirms it wants to make India its base for its construction equipment business.Jolly Ranchers candy has launched in India - its first venture outside of North America in 65 yearsMittal wedding in Barcelona cost 500 crores which is approx 60 million EUR