The market is on a bull run, passenger car sales are looking up, restrictions are easing and consumer inflation has also started easing. Here are some of the top economy, market, business and international news of the day:

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Retail inflation eases to 5.59 percent in July

India's retail inflation eased to 5.59 percent in July 2021, lower than 6.26 percent measured in June. Retail inflation is measured by the Consumer Price Index. Earlier this month, the RBI projected the CPI inflation at 5.7 percent during 2021-22 - 5.9 percent in the second quarter, 5.3 percent in third, and 5.8 percent in the fourth quarter of the fiscal.