ndustrial growth jumps to 8-month high of 7.1% in April

India's industrial growth, as per the Index of Industrial Production (IIP), quickened to 7.1 percent in April from 2.2 percent in March, data released on June 10 by the Ministry of Statistics and Programme Implementation showed. The sharp up-tick in industrial growth comes after data released last month showed India's eight core sectors grew 8.4 percent in April, up from 4.9 percent in March.

Taking Stock | Stagflation fears spook investors

It was a crazy Friday for Indian markets on June 10 as fear of stagflation in the global economy dented investor sentiment resulting in a nearly 2 percent drop in the benchmark indices.

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Three imports that can drive inflation higher in the next few quarters

Elevated commodity prices, revisions in electricity tariffs, continuing trade and supply chain bottlenecks and rising pass-through of input costs to retail prices of manufactured goods and services were seen to pose upside risks to inflation. Inflation could trend still higher in the coming months because of petroleum products, coal and edible oil.

Explained | Why WTO's ministerial conference is crucial to India than ever before

The biennial meeting of trade ministers from all 164 member nations will take place between June 12 and 15 in Geneva. From the right to stockpile and export foodgrains to tax on digital transactions to fishing without restrictions, India is fighting a long list of battles.