India's annual retail inflation accelerated to 7.01% in June from 6.26% a year earlier, and remained above the central bank's tolerance band of 2%-6% for the sixth month in a row, government data released on Tuesday showed.
The intent of Union Budget FY23 is to nurture growth, primarily through public investment, as private investment is yet to meaningfully pick up. It continued to be more transparent, by reducing off-budget expenditure and relatively conservative .
Retail inflation falls to 4.35% in September; lowest in 5 months orissapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orissapost.com Daily Mail and Mail on Sunday newspapers.