New Delhi, Sept. 14 -- India's benchmark inflation measure, the Consumer Price Index (CPI) grew at 3.21% in August 2019, six basis points more than the 3.15% growth in July 2019. One basis point is one hundredth of a percentage point. Retail inflation has been growing steadily since January 2019, when it reached its second lowest value (under the new series) of 1.97%. To be sure, the headline inflation number is still less than the Reserve Bank of India's comfort level of 4%, which guides India's monetary policy. These numbers are also significantly less than what they were when the first Narendra Modi government completed 100 days in office. Annual growth in CPI was 6.39% in August 2014....