India inflation seen up in June due to soaring vegetable prices
India’s consumer price inflation likely rose to 4.80% in June, ending a five-month decline. Vegetable prices surged due to extreme weather conditions affecting crop production. Economists expect core inflation to remain flat at 3.10%. Stay tuned for the official data release on July 12.
Stocks in news: Delta Corp, Paytm, Delhivery, Mankind Pharma, JSW Steel
Sensex and Nifty hit records. Delta Corp’s Q1 profit dips 34% to Rs 40.48 crore from Rs 61.43 crore last year. Paytm’s One97 Communications faces labor notice. Bandhan Bank staff seek legal aid. JSW Steel updates production. Delhivery’s equity sold by pension board. Hema CIPEF to sell Mankind Pharma stake. RVNL wins Nagpur Metro project. […]