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Top headlines: May retail inflation eases; two broadcasters for IPL

Business Standard brings you the top headlines on Monday

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BS Web Team New Delhi
Retail inflation eases to 7.04% in May, but remains above RBI's target band

Retail inflation eased to 7.04 per cent in May, mainly on account of softening food prices, though it remained above the RBI's upper tolerance level for the fifth consecutive month, government data showed on Monday.

The Consumer Price Index (CPI) based inflation was 7.79 per cent in April. In May 2021, the retail inflation stood at 6.3 per cent. Read more

Two broadcasters for IPL: Digital and TV rights valued at Rs 44,075 cr

The 2023-27 cycle of the Indian Premier League will have two broadcasters for digital