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After slowing for four months in a row, retail inflation accelerated faster than expected to a three-month high of 4.8% in June due to rising food prices from a 25-month low of 4.31% in May, potentially delaying the likelihood of monetary easing.
Tesla has held discussions with union government officials, exploring the possibility of bringing its auto parts and electronics chain to India and of getting incentives and tax breaks in the process, said people with knowledge of the matter.
The Goods and Services Tax (GST) authorities are set to initiate fresh tax demand notices against 40 online gaming companies, said people with knowledge of the matter. This follows the GST Council on Tuesday approving a flat 28% levy on online gaming.
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