Consumer price index-based inflation for the month of June rose to 5.40%, the highest level in seven months, on the back of increased rate of price rise in food items, data released by the Ministry of Statistics and Programme Implementation showed
Euro zone leaders clinched a deal with Greece to negotiate a third bailout to keep the near-bankrupt country in the euro zone after all-night talks at an emergency summit.
Oil ministry expects a subsidy burden of Rs 50-60bn for state-run oil and gas producers this fiscal year if world oil prices stay at current levels, a senior oil ministry source said.
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