India Holds Emergency Meeting To Deal With Price Inflation

``Prime Minister Manmohan Singh chaired an unannounced meeting with the Cabinet Committee on Prices yesterday, sources tell the Business Standard... The topic of discussion included soaring prices on fruits, eggs, meat, fish, milk, onions and other vegetables. Onions have surged to $1.67 per kilo, which compares unfavorably to the average daily wage of $2.23. Food inflation is now at a ten-month high of 14.44%.''