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India enters Mercedes-Benz top 15 markets for first time; manufacturer reaffirms local production commitment Indian Insurers Urge Retaining Marine Insurance Pool Despite Ceasefire Middle East Peace Deal: Iran to Resume Oil Exports as Brent Crude Plunges Below $78 India Silver Imports Plunge 82% in May After Duty Hike to 15% Robot Mowers Go Mainstream: Lidar, AI Vision, and GPS Drive Performance Gains Hazmat Drivers Cited for English Proficiency Still Hauling Dangerous Goods, FMCSA Data Shows Rupee closes flat at 94.52 vs USD as oil-led rally faces off against dollar demand; Fed verdict looms Milma Receives Spice Coast Excellence Award, Reports ₹4,344 Crore Turnover Hunter Group Initiates Arbitration Over $28.2M VLCC Charter Payment Dispute Easterly Exits Debut Tanker Fund with 52% Premium, Shifts Focus to Dry Bulk Carriers India enters Mercedes-Benz top 15 markets for first time; manufacturer reaffirms local production commitment Indian Insurers Urge Retaining Marine Insurance Pool Despite Ceasefire Middle East Peace Deal: Iran to Resume Oil Exports as Brent Crude Plunges Below $78 India Silver Imports Plunge 82% in May After Duty Hike to 15% Robot Mowers Go Mainstream: Lidar, AI Vision, and GPS Drive Performance Gains Hazmat Drivers Cited for English Proficiency Still Hauling Dangerous Goods, FMCSA Data Shows Rupee closes flat at 94.52 vs USD as oil-led rally faces off against dollar demand; Fed verdict looms Milma Receives Spice Coast Excellence Award, Reports ₹4,344 Crore Turnover Hunter Group Initiates Arbitration Over $28.2M VLCC Charter Payment Dispute Easterly Exits Debut Tanker Fund with 52% Premium, Shifts Focus to Dry Bulk Carriers
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food prices

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US-Iran Conflict Drives India's Wholesale Inflation to 9.68% in May as Fuel, Food, Power Costs Surge Business
Economy #inflation#wholesale inflation

US-Iran Conflict Drives India's Wholesale Inflation to 9.68% in May as Fuel, Food, Power Costs Surge

India's Wholesale Price Index (WPI) inflation surged to 9.68% in May from 8.26% in April, reflecting the economic impact of the US-Iran conflict. Fuel, power, food, and manufactured goods prices all rose sharply. The Reserve Bank of India has raised its inflation forecast for the current financial year to 5.1%.

Jun 15, 2026 1 source
India's Retail Inflation Quickens to 3.93% in May, Stays Below RBI Target for 16 Business
Economy #india#inflation

India's Retail Inflation Quickens to 3.93% in May, Stays Below RBI Target for 16

India's retail inflation accelerated to 3.93% in May, driven by higher food and fuel prices, marking the highest reading under the revamped CPI series. Despite the rise, inflation has stayed below the RBI's 4% target for 16 straight months, giving policymakers room to support growth. However, risks from rising energy costs and a below-normal monsoon could complicate the outlook.

Jun 12, 2026 1 source