The coal shortage is likely to cause an energy crisis in India. As multiple power plants are running out of coal reserves, many states are expected to face power shortages. Retail inflation declined to 4.35 percent in September, mainly due to lower food prices, according to government data released on Tuesday. CNBC-TV18 has learned that the government is aiming to file the DRHP for the LIC IPO with Sebi by January 2022. For all these stories and everything in between, here are some top news of the day
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Retail inflation eases to 4.35% in September
Retail inflation declined to 4.35 percent in September, mainly due to lower food prices, according to government data released on Tuesday. The Consumer Price Index-based (CPI) inflation was at 5.30 percent in August and at 7.27 percent in September 2020.