 | Explained: What India's high inflation means for taxpayers and why it will affect the poor the mostContrary to finance ministry claims, most experts believe that higher inflation will adversely impact the lower-income classes. India registered 7.8% retail inflation in April 2022, much higher than the upper limit of RBI’s inflation range. The headline inflation soared to an 8-year-high at the same time. Prices of food items, edible oils and fuels have skyrocketed. But what does that mean for the taxpayers? |
 | Week ahead on Wall StreetNext week, investors will get the latest read on inflation and hear from the central banker who watches that closely, Fed Chair Jerome Powell. |
 | Tech stocks boost Wall StreetThe Nasdaq rose to hit another record. But as Fred Katayama reports, falling healthcare stocks capped the advance by the Dow and S&P 500. |
