paragraph

(PTI) Retail inflation dropped marginally to 7.01 per cent in June mainly due to slight easing in food prices, though it still remained above the Reserve Bank's comfort level.

The consumer price index (CPI) based inflation stood at 7.04 per cent in May and 6.26 per cent in June 2021.

Inflation in the food basket in June 2022 was 7.75 per cent, compared to 7.97 per cent in the preceding month, as per the National Statistical Office (NSO) data.

The RBI has been asked to ensure that inflation remains at 4 per cent with a margin of 2 per cent on either side.

The retail inflation is ruling above the RBI's upper tolerance limit of 6 per cent since January 2022.

Retail inflation eases marginally to 7.01% in June

Inflation in the food basket in June 2022 was 7.75 per cent, compared to 7.97 per cent in the preceding month, as per the National Statistical Office (NSO) data.

Four investing principles by US investor Mohnish Pabrai

Investors dump liquid mutual funds worth ₹16,000 crore in June even as returns remain ‘healthy’

Edelweiss rolls out Focused Equity Mutual Fund; All you want to know

Should you invest your money in small savings schemes instead of fixed deposits?

Green bonds: Should you look at this climate conscious way of investing?

Monthly addition to demat accounts lowest since Feb 2021

Life insurance: How to choose the right term?

These 10 mid cap mutual funds beat their benchmark in the last five years

KeyFi-Celsius Crypto Dispute: What is a Ponzi scheme?

Parichay Investments: Sebi penalises 15 entities for manipulating stock prices

Earlier, Securities and Exchange Board of India (Sebi) had conducted an investigation in the trading in the scrip of PIL during July 2010 to August 2011. Pursuant to probe, it was alleged that a group of 63 connected entities referred to as 'Soni Group' were dealing in the shares of several companies and had contributed to the price and volume.

Zomato: Alipay Singapore sells 3% stake for ₹1,631 crore

According to the bulk deal data available with the National Stock Exchange (NSE), Alipay Singapore Holding Pte offloaded a total of 26,28,73,507 shares, amounting to 3.07 per cent stake in the company.

Crypto Coin TBAC Cracks After Luring Indians With 3,100% Returns

A crypto party in India is showing signs of trouble amid a wider market meltdown. Lax regulations heighten the risks, experts say.

Here are the world’s most expensive cities right now; No Indian city in top 10

New York and Singapore have emerged as the joint-most expensive cities to live in, according to a new worldwide survey.

Before Market Opens: Wall Street rejoices over hopes of slower rate hikes; 9 things to know at 9 am on December 1, 2022

The stock exchanges in the US clocked strong gains after the Fed Chair signalled the pace of rate hikes may get slower. The Indian market may continue its record-setting spree at the beginning of the new month.