Top headlines: Retail inflation eases to 7.01% in June; May IIP grows 19.6%

Retail inflation marginally eases to 7.01% in June; IIP grows 19.6% in May

India's retail inflation marginally eased in June to 7.01%, but stayed well above the Reserve Bank of India's tolerance limit for sixth consecutive month as lower fuel and cooking oil prices offset higher services and food costs, showed government data on Tuesday.

On the other hand, industrial production growth zoomed to 19.6% in May, as per the National Statistical Office (NSO) data.

The Index of Industrial Production (IIP) had grown 7.1% in April this year after remaining subdued for the preceding seven months. Read