Explainer: Why rupee's fall, oil prices are worrying India

Inflation is already rising in India

Prices for everyday things, especially food and anything imported, are climbing.
Retail inflation reached 3.21% in February (up from January), with food costs leading the way.
If oil stays expensive, gasoline, diesel, and even gadgets could get pricier.
Inflation is currently within the RBI's 2-6% target range, though global energy shocks have raised uncertainty about whether it will remain so.