India's inflation figure.

Finance Minister Pranab Mukherjee said on Tuesday that India's headline inflation is expected to ease to 6 percent by March.

India's (WPI) wholesale price index rose to an annual 7.48 percent in November, as showed by government data.

The figure compared with the median forecast for a 7.48-percent rise in a Reuters poll and was lower than the annual rise of 8.58 percent in October.

The Indian central bank, the Reserve Bank of India, is widely expected to hold rates at its policy review scheduled to be held on Thursday.