 | Severodonetsk in Ukraine 'fully occupied' by Russian army, says mayor Oleksandr StriukThe Russians also taking control of Lysychansk would effectively give them control of the wider Lugansk region, and allow them to push further into the wider Donbas. |
 | Ongoing rate hikes won’t lower headline inflation, which will remain elevated throughout FY23Empirical evidence shows that inflation above 6% is unambiguously harmful for growth, so RBI will remain hawkish. But how much more tightening is in store? |
 | 'How much for my kidney?' Inflation sparks distress, global wave of protests for higher pay, aidAs prices rise, inflation threatens to exacerbate inequalities and widen the gap between billions of people struggling to cover their costs and those who are able to keep spending. |
 | Coming up, new Freedom sunflower oil unit in TelanganaThe proposal though is at its initial stage. the company aims to manufacture 1,000 metric tonnes of oil per day from this unit. Pradeep Chowdhry, |
 | 46% of urban Indians say they feel the inflation crunch: YouGov dataAs cost of living goes up due to record-high inflation, consumers are cutting back on several household expenses. |
 | Hero MotoCorp to hike motorcycle, scooter prices by up to Rs 3,000 from July 1The company further said that the price revision has been necessitated to partially offset the steadily growing overall cost inflation, including commodity prices. |
 | European Union leaders set to grant Ukraine candidate status to join the 27-nation blocUkrainian President Volodymyr Zelensky said he had been conducting a "telephone marathon" on his country's behalf in the run-up to the meeting, making his case to 11 European leaders. |
 | Growth can’t be sacrificed in repressing inflation: RBI's monetary policy committeeThe panel took solace from the fact that inflation would start coming down from the second half of the financial year. |
 | Inflation: Economic circumstances negatively impacting market for packaged food, says ITCFast-moving consumer goods companies have been bearing the maximum brunt of rising commodity prices and geopolitical tensions which have forced them to pass on some part of the cost to consumers. |
 | Agnipath and the revolt of the unemployedReduction in government employment is an essential component of the neoliberal fiscal strategy and such an agitation has been in the making for some time now. |
 | Canada inflation jumps to 7.7%, highest since 1983The price increases, Statistics Canada said in a statement, were "broad-based, pinching the pocketbooks of Canadians and in some cases affecting their ability to meet day-to-day expenses." |
 | Rising costs take heavy toll on company's profit, shows data released by RBIThe main reason behind the jump in expenses was raw material cost, which rose by 32.8% at Rs 5.46 lakh crore against a 31.3% rise a year ago in 2021. |
 | Retail inflation for farm, rural workers rises to 6.67 per cent and 7 per cent in May 2022The major contribution towards the rise in general index of agricultural labourers and rural labourers came from food group to the extent of 7.44 and 7.65 points, respectively. |
 | Label your money as 'for now' and 'future'; Inflation can significantly threaten your savingsThe first half of 2022 is almost over. It is that time when you can sit back to review your financial well-being. From the headline data, things are not looking good. |
 | Normal monsoon, interest rate cut may reduce inflation by year-end: EconomistsAlthough the government has room to further reduce excise duty on petroleum products to contain inflation from the fiscal side, emphasis will be on monetary policy to control price pressures. |
